Major Treasury Companies Purchase Bitcoin, Ethereum, and Solana Amid Market Downturn
Strategy, Bitmine, and DeFi Development have bought significant amounts of crypto despite recent price declines.
Strategy, Bitmine, and DeFi Development have bought significant amounts of crypto despite recent price declines. Bitcoin (BTC) is trading at $83,057.00, down 0.2% since this brief published. This is an original Token Times brief synthesising 2 outlets (Bitcoin Sistemi, Decrypt), plus live market data, as of Tue, 13 Oct 2026 18:30:01 UTC.
This development highlights institutional confidence in crypto assets even during market downturns, potentially signaling a strategic accumulation phase. The purchases could provide price support and indicate long-term bullish sentiment.
- Major treasury firms bought Bitcoin, Ethereum, and Solana despite recent price drops.
- Ethereum DeFi TVL remains highest at $51.18B, followed by Solana at $6.05B.
- Bitcoin ETFs have seen $386.3M in net outflows in October.
- Market cap remains at $2.87T with a Fear & Greed index of 57 (Greed).
Multiple outlets, including Bitcoin Sistemi and Decrypt, confirm that major treasury companies have purchased Bitcoin, Ethereum, and Solana. However, they differ in their focus: Bitcoin Sistemi emphasizes the purchases as a bullish signal, while Decrypt highlights the contrasting trend of Bitcoin ETF outflows and Ethereum fund losses. Both outlets agree on the involvement of significant institutional players but frame the implications differently.
- Major Treasury Companies Purchase Bitcoin, Ethereum, and Solana Amid Market Downturn — this brief
- Strive Acquires 3,311 Bitcoin in $280M Purchase, Boosting Treasury Holdings
Major treasury companies Strategy, Bitmine, and DeFi Development have announced the purchase of substantial amounts of
Bitcoin,
Ethereum, and
Solana. This move comes amid a period of price declines for these cryptocurrencies, suggesting a strategic accumulation approach.
Despite the recent downturn, Ethereum maintains the highest DeFi Total Value Locked (TVL) at $51.18 billion, according to DeFiLlama. Solana follows with a TVL of $6.05 billion, while Bitcoin's DeFi TVL stands at $4.45 billion. These figures indicate the continued dominance of Ethereum in the DeFi space.
In contrast to the purchasing activity, Bitcoin exchange-traded funds (ETFs) have experienced significant outflows. Decrypt reports that Bitcoin ETFs have seen $386.3 million in net outflows through the first seven trading days of October, while Ethereum funds have posted nine straight days of losses.
The broader market context shows a relatively flat overall crypto market cap of $2.87 trillion. Bitcoin has seen a 0.93% increase in the past 24 hours but is down 2.81% over the past week. Ethereum and Solana have experienced slight declines over the same period. The Fear & Greed index currently stands at 57, indicating a state of 'Greed' among investors.
The purchases by major treasury companies could be seen as a vote of confidence in the long-term potential of these cryptocurrencies. However, the contrasting trend of ETF outflows suggests a more complex market dynamic. Investors will be watching for further institutional activity and its impact on crypto prices.
Since this brief published about 27 hours ago, Bitcoin (BTC) has moved from $83,243.00 to $83,057.00 — -0.22%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.59M (about $83,057.00), up 0.8% over 24 hours. The rupee itself trades about 7.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Major Treasury Companies Purchase Bitcoin, Ethereum, and Sol — questions & answers
Which companies are buying crypto?
Strategy, Bitmine, and DeFi Development are the treasury companies purchasing crypto.
What cryptocurrencies are being bought?
The companies are buying Bitcoin, Ethereum, and Solana.
How much have Bitcoin ETFs lost?
Bitcoin ETFs have seen $386.3 million in net outflows in October.
How much is 1 Bitcoin worth in rupee today?
About ₹8.59M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,057.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.22% since this brief first published — trading at $83,057.00 now versus $83,243.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi, Decrypt, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.