Treasuries Weekly — January 16, 2026: 13,647 BTC from 2 entities

The big picture The Week

Strategy (MSTR) dominated the week with a $1.2B purchase of 13,627 BTC, accounting for nearly all corporate buying activity. Canaan (CAN) added 20 BTC ($1.9M) in a separate transaction, bringing total corporate BTC acquisitions to 13,647 BTC ($1.2B) across two filers. Meanwhile, BitMine Immersion Technologies (BMNR) disclosed a total ETH position of 4,167,768 ETH (worth $75.0M since its last filing), a cumulative gain of 24,266 ETH across an unspecified prior period. No new corporate stackers entered the space this week, and no material reductions occurred.

Filings Recent Purchases

Company	Amount	USD	Date
Strategy (MSTR)	13,627 BTC	$1.2B	Jan 12
Canaan (CAN)	20 BTC	~$1.9M	Jan 14

~ Estimated value — the filing disclosed how many coins changed hands but no dollar figure, so we value it at the market price.

See filings as they land →

Worth reading Notable Filings

Strategy's $1.2B BTC acquisition, priced at an average of $91,519 per coin, lands as the week's marquee filing—the company now holds 846,843 BTC, worth $55.6B at current spot, maintaining its rank as the largest corporate holder. BitMine's ETH disclosure marks the sole multi-asset signal: the company's 4,167,768 ETH total reflects steady accumulation outside the weekly purchase flow, suggesting a disciplined treasury separate from spot-market timing. Both filings arrived as BTC traded in the low $65k–$91k band over the week.

Period-end balances Disclosed This Week

These companies revealed their total balance-sheet position in a filing this week. The change shown is cumulative since each company's last disclosure — a multi-quarter figure, not a purchase made this week.

Company	Total now disclosed
BitMine Immersion Technologies (BMNR) +24,266 ETH ($75.0M) since last disclosure	4,167,768 ETH

Leaderboard Top Five

The largest tracked holders overall — companies, funds, and governments — ranked by total position, not by this week's activity.

#	Company	Holdings	Value
1	Strategy (MSTR)	846,843 BTC	$55.6B
2	BlackRock iShares Bitcoin Trust (IBIT)	766,163 BTC	$50.3B
3	United States (GOV-US)	328,372 BTC	$21.5B
4	Fidelity Wise Origin Bitcoin Fund (FBTC)	179,735 BTC	$11.8B
5	Grayscale Bitcoin Trust (GBTC)	140,665 BTC	$9.2B

Full leaderboard →

The breakdown This Week by Asset

Asset	This week's activity	Net USD · share
BTC 2 entities		$1.2B 100.0%

Strategy's weekly burn rate—$1.2B for 13,627 BTC at $91,519 per unit—implies a sustained quarterly cadence of ~$5B if held constant. At that pace, Strategy would need roughly $200B to double its stack from 846,843 BTC to 1.7M; the company's current market cap (~$150B) suggests treasury accumulation is now a scale question, not a direction one. For the broader cohort, the absence of new stackers this week continues a multi-month pattern of consolidation among existing holders rather than virgin adoption.

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You're reading Treasuries Weekly — a briefing on corporate BTC, ETH, and SOL balance-sheet adoption from CorpStacking.
Editorial is not investment advice. Data sourced from SEC EDGAR, CoinGecko, and primary corporate filings.

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