November 02, 2026 marked significant portfolio adjustments by leading publicly listed corporations pursuing digital asset treasury strategies on U.S. stock exchanges. Following Strategy’s brief pause recorded in the October 26 treasury report, companies are capitalizing on the market’s consolidation range to expand reserves ahead of the U.S. presidential election.

Strategy Resumes Bitcoin Buying Pace and Begins Daily Dividend Payouts

According to filings submitted to the U.S. Securities and Exchange Commission (SEC), Michael Saylor’s Strategy officially resumed Bitcoin acquisitions after a one-week pause. Between October 26 and November 01, the company acquired an additional 811 BTC for a total of $65.5 million, representing an average price of $80,846 per coin.

The purchase lifted Strategy’s total accumulated Bitcoin holdings to 849,327 BTC, with aggregate acquisition costs reaching $64.08 billion (an average cost basis of $75,451 per BTC). The acquisition was funded through the sale of 1.17 million MSTR common shares, yielding $164 million in net proceeds.

In addition to accumulating Bitcoin, Strategy continued directing resources toward defending its preferred stock:

  • STRC Preferred Stock Repurchases: Spent $208.2 million in cash reserves to buy back more than 2.09 million Stretch Preferred Stock (STRC) shares, up from $204.9 million the prior week.

  • Maintaining Foreign Exchange Reserves: The liquid cash reserve (USD Cash) declined to $132.7 million, while the reserve fund for dividends and debt obligations (USD Reserve) stood at $4.79 billion, sufficient to cover financial obligations for the next 3.3 years.

  • Activating Daily Dividend Mechanics: Effective November 01, Strategy officially implemented a daily dividend payment schedule across four preferred stock series following shareholder approval with a 99.3% consensus rate.

Investment bank Mizuho maintained its Outperform rating with a $165 price target for MSTR as net debt leverage dropped to a safe 2.4%, though it highlighted dilution risks as Bitcoin per share has declined 3.7% this year.

Strive Activates $1 Billion SATS Preferred Stock Program

Bitcoin treasury firm Strive announced the purchase of an additional 124 BTC valued at approximately $10 million, bringing its total holdings to 43,124 BTC (valued at roughly $3.3 billion, representing 0.2% of the total Bitcoin supply).

Although the pace of buying slowed markedly compared to the $1.25 billion acquired in October, Strive is closing in on the position of the second-largest corporate Bitcoin holder in the world:

  • Strive currently ranks 4th, trailing only Strategy (849,327 BTC), Metaplanet (44,000 BTC), and Twenty One Capital (43,514 BTC).

  • The firm needs to purchase an average of fewer than 100 BTC per week through the end of 2026 to surpass Metaplanet for the number 2 spot, assuming the Japanese competitor makes no further additions.

  • To finance upcoming accumulation phases, Strive launched an at-the-market (ATM) offering program of $1 billion for its SATS preferred shares for the first time. The company currently holds $490.4 million in cash and 505,000 shares of Strategy’s STRC.

Bitmine Reaches 6.06 Million ETH and Assesses Binance Exploit

Bitmine Immersion Technologies announced it added 8,573 ETH over the past week, bringing its Ethereum treasury to 6,060,506 ETH (valued at approximately $13.7 billion at a price of $2,261 per ETH), solidifying its position as it continues holding an overwhelming share of nearly 5% of the global circulating supply.

Bitmine’s treasury currently generates steady real cash flow from blockchain infrastructure operations:

  • Dominant Staking Ratio: The company has staked 5,227,037 ETH (around $11.8 billion), accounting for 86% of its total holdings and generating projected staking revenue of $358 million annually.

  • Portfolio Diversification: Beyond Ethereum, Bitmine holds 216 BTC, a $180 million stake in Beast Industries, $82 million in Eightco Holdings, and $498 million in cash, lifting total assets to $14.5 billion.

Bitmine Chairman Tom Lee shared observations regarding the impact of the recent security breach on the market, particularly against the backdrop of North Korea recently rejecting allegations. He noted that ETH dropped only about 4% since the news broke, a much milder reaction compared to the 8% decline on the first day and 20% in the first week following the $1.5 billion Bybit attack in early 2025.

According to Lee, this composed reaction reflects the market’s enduring resilience, supported by the exchange’s capacity to absorb losses and swift coordination among security communities to freeze illicit fund flows.