Crypto News Today: Institutional Holdings Surge Despite Market Volatility

Key Takeaways:BitMine Immersion (BMNR) discloses $11.6B crypto portfolio, including 2.65M ETH and $436M in cash.Strategy adds 196 BTC for $22.1M,Institutional Holdings in Crypto News Today: A Surge in Confidence Amid Market Volatility raising its holdings to over 640K BTC amid market dip.TON Strategy stakes 82% of TON reserves, targeting $24M in annual staking revenue by 2025.BitMine Immersion Technologies Declares $11.6B Crypto TreasuryBitMine Immersion Technologies (BMNR) has revealed it holds 2,650,900 ETH, 192 BTC, $436 million in cash, and other crypto assets and "moonshots"—bringing its total crypto-related holdings to approximately $11.6 billion.Source: StrategicETHReserve,xyzBMNR now claims the largest ETH reserve in the world, and the second-largest overall crypto reserve after Strategy Inc. (MSTR), which holds over 640,000 BTC. The company’s recent average daily trading volume of $2.6 billion places it 26th on the U.S. stock market, reflecting increasing investor interest.BMNR has also publicly stated its goal to increase its ETH holdings to 5% of circulating supply, signaling a strong long-term conviction in Ethereum’s ecosystem.Strategy (MSTR) Adds More Bitcoins to its ReservesMichael Saylor’s Strategy added 196 BTC at an average price of $113,048, worth about $22.1 million, bringing its total holdings to 640,031 BTC, valued at over $71.8 billion.This marks Strategy’s ninth consecutive week of Bitcoin purchases, despite its purchases taking a slower pace compared to earlier this year. Despite the more recent moderate pace, Michael Saylor remains optimistic on Bitcoin’s trajectory, saying in a CNBC interview last week: “As we work through macro resistance, we’ll actually see Bitcoin start to move up smartly again toward the end of the year.”Saylor's thesis is also supported by broader institutional behavior: Wallets holding between 10 and 10,000 BTC accumulated 83,000 BTC in September alone, reflecting rising structural demand.Helius Medical (HSDT) to Rebrand as ‘Solana Company’Aside from BTC and ETH, institutional interest in altcoins is also gaining momentum.Helius Medical Technologies (NASDAQ: HSDT) has received board approval to rebrand as Solana Company, while retaining its stock ticker. The firm signed a non-binding LOI with the Solana Foundation under the “Solana By Design” initiative.According to the company’s media release, its rebranding includes conducting all on-chain activities on Solana and leveraging discounted SOL purchases under set conditions, as well as creating joint initiatives to highlight Solana capabilities including co-hosted events, institutional roundtables and participation at Solana Foundation events.The company still retains cash obtained from a $500M PIPE financing, and stated that this will be used to further its digital asset treasury strategy.TON Strategy Stakes 82% of Token ReservesAnother major player, TON Strategy Company, disclosed it has staked 82% of its TON token reserves, aiming to complete the process by October 10, 2025. The move is expected to generate $24 million in annualized staking rewards.Additionally, the company has already repurchased 1.5 million shares under its $250M buyback plan announced earlier this month.Bitcoin’s 2.5% Rebound and Institutional Investment’s RoleOver the past 24 hours, Bitcoin rose 2.52%, outpacing the broader crypto market’s 2.35% gain. It is clear that recent institutional accumulation, especially Strategy’s notable $22M purchase has reinforced bullish sentiment, along with ETF optimism as Vanguard, with $10T in assets under management, is reportedly reconsidering its “ban” on spot crypto ETFs.Outlook for Institutional InvestmentsThe increasing trend of public companies adopting crypto treasuries is not likely to fade soon, even as macroeconomic uncertainty and headwinds continue to dominate traditional markets.