Strategy Drops $2B on BTC, Bitmine Loads $154M in ETH as Institutional Accumulation Dominates Week of May 11–17!

Institutional buyers dominated the week of May 11–17, 2026, with Michael Saylor's Strategy purchasing 24,869 BTC at an average of $80,985 per coin — a $2.01 billion outlay that headlined a broader wave of corporate accumulation. Tom Lee's Bitmine added 71,672 ETH worth $153.66 million, marking one of the largest single-week ETH buys by a public company on record.

Zooming out, eight companies in total increased their BTC holdings last week, collectively adding 25,302 BTC — approximately $1.93 billion in fresh exposure. The consistency across multiple corporate treasuries signals that institutional demand is structural, not opportunistic.

Stablecoin inflows slowed to $549 million for the week, and DEX spot and perpetuals volumes both pulled back after the prior week's rebound. The softer on-chain trading activity contrasts sharply with the scale of OTC and treasury-level accumulation,…