Treasury buyers add major assets as crypto prices retreat

Bitcoin Sistemi reported that treasury companies BitMine and DeFi Development purchased Bitcoin, Ethereum and Solana as the broader market weakened. The report also said Strategy did not buy Bitcoin during the same period. No purchase quantities, transaction values or completion dates were provided in the supplied summary, although the headline described institutional buying as accelerating. The assets traded at mixed short-term levels. Bitcoin was priced at $74,648, up 0.66% over 24 hours but down 2.62% over seven days. Ethereum stood at $2,118.18, up 0.54% for the day while losing 5.81% over the week, while Solana traded at $86.16, up 0.37% over 24 hours but down 6.14% over seven days. Their respective market capitalizations were $1.5 trillion, $258.86 billion and $50.93 billion. Crypto.news supplied a different immediate ETH reference point of $2,123 alongside $184.51 million of outflows from spot Ethereum ETFs. The outlet also drew attention to whale transactions and technical indicators, but the summary gave no specific readings for either. CryptoPotato focused on BitMine’s income from staking, reporting that its seven-day yield declined to 2.65% from 3.03% over one week. That change lowered Tom Lee’s estimate for the company to $309 million from $358 million. On-chain ecosystem data from DeFiLlama showed Ethereum leading the three networks in decentralized-finance total value locked, with $41.82 billion. Solana followed at $5.07 billion, while Bitcoin recorded $3.94 billion. These figures describe capital deployed within each network’s DeFi markets rather than the amounts reportedly purchased by the treasury companies. The wider crypto market was flat at a $2.56 trillion capitalization, with the Fear & Greed Index at 32, indicating a Fear reading. Against that backdrop, the reported treasury purchases, ETF outflows and declining staking yield provide contrasting measures of institutional and network-level activity. The next relevant signals are whether the three assets can reverse their weekly declines, whether Ethereum ETF flows return to inflows, and whether BitMine’s staking yield stabilizes.