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Major Treasury Firms Buy Bitcoin, Ethereum, and Solana Amid Market Downturn

Strategy, Bitmine, and DeFi Development have purchased significant amounts of crypto despite recent price declines.

Strategy, Bitmine, and DeFi Development have purchased significant amounts of crypto despite recent price declines. Bitcoin (BTC) is trading at $82,433.00, down 0.4% since this brief published. This is an original Token Times brief synthesising 2 outlets (Bitcoin Sistemi, Decrypt), plus live market data, as of Mon, 12 Oct 2026 17:00:01 UTC.

Why it matters

This development signals continued institutional interest in crypto assets even during market downturns, potentially indicating a long-term investment strategy. The purchases could provide price support and boost market confidence.

Covered by 2 outlets over about 23.9 h — Token Times synthesises them all into one brief
  1. Decrypt
    Bitcoin, Ethereum and Solana ETFs All in the Red for October ↗
  2. Bitcoin Sistemi
    They're Buying Even Though Prices Are Falling! Significant Activity in Bitcoin, Ethereum, and Solana! Here Are the Details… ↗
Key takeaways
  • Major treasury firms bought Bitcoin, Ethereum, and Solana despite recent price drops.
  • Bitcoin ETFs saw $386.3M in net outflows in early October (Decrypt).
  • Ethereum funds have posted nine consecutive days of losses (Decrypt).
  • DeFi TVL remains substantial: Ethereum $51.47B, Solana $6.17B, Bitcoin $4.43B.
What the reporting agrees on

Both Bitcoin Sistemi and Decrypt report that institutional investors are making strategic purchases of Bitcoin, Ethereum, and Solana despite the market downturn. However, they differ in focus: Bitcoin Sistemi emphasizes the buying activity by treasury firms, while Decrypt highlights the negative trend in crypto fund flows, reporting $386.3 million in net outflows from Bitcoin ETFs and nine straight days of losses for Ethereum funds. The corroboration suggests a mixed market sentiment with institutional investors taking contrasting approaches.

The story so far · 2 briefs
  1. Ethereum Rebounds to $2.55K Amidst Broader Market Downturn
  2. Major Treasury Firms Buy Bitcoin, Ethereum, and Solana Amid Market Downturn — this brief

Major treasury companies including Strategy, Bitmine, and DeFi Development have announced significant purchases of Bitcoin, Ethereum, and Solana, according to multiple outlets. This development comes amidst a broader market downturn, with the total crypto market cap currently at $2.87 trillion and most major coins experiencing price declines.

Bitcoin has seen a 1.12% drop in the past 24 hours and a 3.49% decrease over the last week, currently trading at $82,781. Ethereum is down 6.52% over the past seven days but has shown a slight 0.05% increase in the last day, trading at $2,531.69. Solana, despite the institutional interest, has declined by 2.53% in the last 24 hours and 8.92% over the week, currently priced at $109.

Decrypt reports that Bitcoin ETFs have experienced $386.3 million in net outflows through the first seven trading days of October, indicating potential investor caution. Additionally, Ethereum funds have posted nine consecutive days of losses, suggesting a challenging period for crypto investment products.

Despite these negative trends, the DeFi sector shows resilience with substantial total value locked (TVL). According to DeFiLlama, Ethereum's DeFi TVL stands at $51.47 billion, Solana's at $6.17 billion, and Bitcoin's at $4.43 billion, demonstrating continued interest and investment in decentralized finance applications.

The Fear & Greed Index currently sits at 69, indicating 'Greed' among investors, which may suggest a degree of market confidence despite the recent price declines. The institutional buying activity could be seen as a vote of confidence in the long-term potential of these cryptocurrencies.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $82,781.00 to $82,433.00 — -0.42%.

$82,384$82,496$82,607$82,718$82,830 published · $82,781 now · $82,433 (-0.42%) Oct 12 15:54 UTC Oct 12 17:00 UTC
BeforeSince publishPublished · $82,781.00
CoinAt publishNowSince publish
BTC$82,781.00$82,433.00-0.42%
ETH$2,531.69$2,511.91-0.78%
SOL$109.00$107.85-1.06%

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.

Prediction-market odds snapshot

Will Bitcoin dip to $70,000 by December 31, 2026?

Yes 34%

Crowd-implied probability on Polymarket, $75.56K 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 12 16:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.51M (about $82,433.00), down 1.7% over 24 hours. The rupee itself trades about 6.5% 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.

#1
$82,433.00 ▼ 1.73%
-0.42% since this brief published
7d -3.49%MCap $1.66TFull BTC data →
$2,511.91 ▼ 1.52%
-0.78% since this brief published
7d -6.52%MCap $307.01BFull ETH data →
#7
$107.85 ▼ 3.90%
-1.06% since this brief published
7d -8.92%MCap $63.69BFull SOL data →
The market when this published · October 12, 2026
Total market cap$2.87T
Bitcoin 24h-1.12%
Ethereum 24h+0.05%
BTC dominance57.9%
Fear & Greed69 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 12, 2026.

Ethereum DeFi TVL$51.51BDeFiLlama ↗
Solana DeFi TVL$6.17BDeFiLlama ↗
Bitcoin DeFi TVL$4.42BDeFiLlama ↗

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 Firms Buy Bitcoin, Ethereum, and Solana Amid — questions & answers

Which companies are buying crypto?

Strategy, Bitmine, and DeFi Development are the treasury firms purchasing Bitcoin, Ethereum, and Solana.

How much did Bitcoin ETFs lose in October?

Bitcoin ETFs saw $386.3 million in net outflows in the first seven trading days of October.

What is the current DeFi TVL for Ethereum?

Ethereum's DeFi TVL is $51.47 billion according to DeFiLlama.

How much is 1 Bitcoin worth in rupee today?

About ₹8.51M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,433.00. 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 0.42% since this brief first published — trading at $82,433.00 now versus $82,781.00 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.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 12, 2026 ⛓ Timestamped at Bitcoin block #971,111 sha256:5c4ce091c3d117aa
Corroborated across 2 outlets, reported over about 23.9 h — this is an original Token Times summary with live market data, not the original article.Decrypt · Oct 11 16:01 ↗Bitcoin Sistemi · Oct 12 15:54 ↗

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.