Crypto Stock Signals丨Public Companies Net Sold $21.63 Million in BTC Last Week; Strategy Skipped Bitcoin Purchases for Two Consecutive Weeks; Bitmine Added 27,180 ETH Last Week (September 15)
- Key Takeaways: This week, the crypto market's main focus remained on the on-chain crypto stock sector, but trading enthusiasm and token market caps have gradually cooled. Combined with the controversy over the legitimacy of tokenized U.S. equities, related meme coins may face a pullback. Meanwhile, global public companies' Bitcoin treasury strategies have shown clear divergence, with several firms reducing holdings or fully liquidating.
- Key Elements:
- Global public companies net sold $21.63 million in Bitcoin last week; Strategy skipped purchases for two consecutive weeks, and Metaplanet went nine consecutive weeks without buying.
- KULR liquidated its last 764 BTC at an average price of approximately $76,633; Satsuma sold all 669 BTC and plans to return £30.719 million to shareholders.
- Bitmine added 27,180 ETH last week, bringing total holdings to 5.956 million ETH, with 5.067 million ETH staked (approximately $12.7 billion).
- Canaan liquidated 3,952 ETH (average price approximately $2,400) and 54 BTC, using part of the proceeds to repurchase approximately 13.6 million ADSs.
- Solana treasury company SkyAI had all directors rejected by a shareholder holding 9.99%, intensifying its governance crisis; the stock has fallen approximately 86% over the past year.
- DeFi Development increased its SOL holdings to approximately 2.3889 million, while simultaneously launching a Series C preferred stock CHAD offering of up to $300 million.
- The Korea Exchange officially launched after-hours trading until 8 PM, with the pre-market session postponed to launch by the end of 2027.
Editor's Note: In last week's Crypto Stock Compass, we covered the on-chain crypto stock meme market and stock token market on Robinhood Chain. This week, the main thread of the crypto market remains concentrated in this sector, but as time passes, market enthusiasm and token market cap ceilings have begun to gradually recede. Combined with the debate between the AMC CEO and Robinhood CEO over the "legitimacy of US stock tokenization," on-chain crypto stock-related meme coins may face a certain pullback, while short targets may instead stand to benefit.
On the Korean stock front, trading hours are undergoing a major change. It is reported that the Korea Exchange recently officially launched after-hours trading. Regular stock trading hours remain from 9 AM to 3:30 PM. Under the new system, after the exchange's regular close, investors can continue trading until 8 PM. Regarding pre-market trading, due to the securities industry's feedback about the heavy burden of IT system development and staffing operations, the Korea Exchange has postponed the pre-market session originally scheduled to launch simultaneously on September 14 to the end of 2027.
On the US stock front, after US August core CPI inflation heated up again, expectations for a Federal Reserve rate hike in September rose rapidly. With a rate hike becoming a high-probability event this week, the market's focus has shifted to "how US stocks will move after the rate hike." LPL Financial Chief Equity Strategist Jeff Buchbinder analyzed six Fed tightening cycles since 1994, and the results show that the S&P 500's short-term performance after the first rate hike is typically weak, but outcomes one year later are significantly better than in the initial months. Previously, due to concerns about AI model safety, AI giants such as Anthropic and OpenAI called for slowing the pace of AI model development. Affected by this, listed companies in the AI sector saw short-term pullbacks. Considering that a Fed rate hike is almost certain, US stocks briefly suffered a sharp sell-off. However, JPMorgan instead reiterated its bullish stance against the trend, warning that blind pessimism can easily lead to missing out. JPMorgan's Global and European Equity Strategy Head Mislav Matejka believes that once US President Trump subsequently attempts to cool down the Middle East situation at the diplomatic level, or if Q3 earnings exceed expectations, excessive short-selling forces may face a fierce backlash from rebound capital.
For more crypto stock market information, visit MSX.COM. (Odaily Note: This article does not constitute investment advice and is for educational and informational purposes only.)
Weekly Crypto Stock Listed Company Updates
Representative BTC Treasury Listed Companies
According to SoSoValue data, as of 8 AM ET on September 14, 2026, the total net weekly sell-off of Bitcoin by global listed companies (excluding mining companies) last week was $21.63 million, a decrease of 108.1% compared to the previous week.
Strategy (formerly MicroStrategy) did not purchase Bitcoin last week, marking two consecutive weeks without purchases.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking nine consecutive weeks without purchases.
In addition, three other companies announced Bitcoin purchases or holdings last week. Aerospace-grade defense battery thermal management and safety solutions provider KULR announced on September 11 that it earned approximately $58.5 million from August 20, 2026 to September 11, 2026, selling approximately 764 Bitcoin at $76,633 per coin and liquidating all of its Bitcoin holdings. French Bitcoin company Capital B announced on September 14 that it purchased 4 Bitcoin at $77,219, bringing its total holdings to 3,525 coins. Asset management company Strive announced on September 14 that it spent approximately $36.56 million last week to purchase 469 Bitcoin at $77,954, bringing its total holdings to approximately 25,000 coins.
As of press time, the global listed companies (excluding mining companies) in the tally collectively hold 1,125,978 Bitcoin, up 0.54% from the previous week, with a current market value of approximately $87.52 billion, accounting for 5.6% of Bitcoin's circulating market cap.
Strategy did not increase Bitcoin holdings last week; USD and cash reserves fell to $6.398 billion
According to market sources, Bitcoin treasury company Strategy did not increase its Bitcoin holdings last week, and its USD and cash reserves fell to $6.398 billion.
A record high: Strive's market cap reaches $2.62 billion, share price rises to $27.70
BitcoinTreasuries.NET posted that Bitcoin treasury company Strive's market cap hit a new all-time high of $2.62 billion, with its share price rising to $27.70. Over the past month, Strive's market cap has surpassed 545 listed companies.
Metaplanet announced it will establish a wholly-owned subsidiary, Metaplanet Asset Management Asia Limited, in Hong Kong with an initial capital contribution of $1 million, expected to be established in September 2026. The subsidiary will operate in coordination with Metaplanet Asset Management Inc., previously established in Miami, USA, responsible for executing asset trading during Asian hours, as well as position and market dynamics monitoring and other risk management operations. It will primarily invest in Bitcoin, Bitcoin-related stocks, and credit instruments such as preferred securities issued by Bitcoin treasury companies.
Exiting Bitcoin treasury strategy: KULR sells its last 764 Bitcoin
Battery technology company KULR sold 764 Bitcoin at an average price of approximately $76,633 between August 20 and September 11, generating approximately $58.6 million. As of September 11, its Bitcoin holdings dropped to zero.
KULR previously disclosed that it had sold approximately 333 Bitcoin after June 30, of which approximately $20 million was used to repay Coinbase debt. The filing did not disclose the cost basis, realized gains or losses, or use of funds. The company stated that funds will be prioritized for its core energy business and did not rule out the possibility of repurchasing Bitcoin in the future.
Satsuma Technology sold all 669.4867 Bitcoin at a volume-weighted average price of £46,767 per Bitcoin between July 24 and 31, generating £31.912 million. The UK High Court approved the company's cancellation of 11.236 billion B-class shares on September 8 and confirmed the return of £30.719 million to eligible shareholders, at £0.002734 per B-class share. Relevant shareholders received one B-class share for each ordinary share held at the record date. After deducting approximately £2.6 million in transaction and termination costs and retaining £2 million in working capital, the funds are expected to be credited via check, bank account, or CREST on or before September 28. The company previously expected to cancel its London listing on September 14, but the progress has not yet been confirmed as completed.
Representative ETH Treasury Listed Companies
Bitmine increased ETH holdings by 27,180 last week; staked ETH amount unchanged
Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its ETH holdings by 27,180 last week. The company's crypto asset holdings include 5,956,378 ETH, 212 BTC, $98 million worth of Eightco Holdings equity, and $180 million worth of Beast Industries shares.
In addition, as of now, Bitmine has staked 5,067,309 ETH (worth approximately $12.7 billion).
Canaan clears out Ethereum, sells 3,952 ETH
Canaan released an unaudited operational data update for the period ending August 31, 2026, disclosing that in late August it sold all 3,952 Ethereum holdings at an average price of approximately $2,400 per coin, and sold 54 Bitcoin at an average price of approximately $79,000 per coin. The company used part of the proceeds to repurchase approximately 13.6 million American Depositary Shares ('ADS'), bringing the cumulative ADS repurchases since the beginning of the year to approximately 16.4 million.
Representative SOL Treasury Listed Companies
Bastion Trading Limited, a shareholder holding 9.99% of Solana treasury company SkyAI, stated in an SEC filing that it plans to vote against all five current directors at the annual shareholders meeting on September 18. Bastion expressed deep concern about the company's amendment of its bylaws to weaken shareholder rights, the board's implementation of a poison pill without shareholder vote, and related-party transactions. Independent director Annemarie Tierney resigned in December 2025, having previously raised issues of potential conflicts of interest and related-party transactions with management. SkyAI, formerly Sharps Technology, raised over $400 million through a PIPE financing in August 2025 to establish a Solana treasury. It currently holds approximately 2 million SOL, with a current market cap of approximately $59 million. Its stock price has fallen approximately 86% over the past year.
DeFi Development Corp. disclosed that its SOL reserves increased by 55,491, bringing its holdings to approximately 2,388,900 SOL and SOL equivalents, up approximately 2% from August 27, 2026.
At the same time, the company established an at-the-market offering plan of up to $300 million for its Series C perpetual preferred stock CHAD, with an expected offering price of no less than the $10 per share par value. Net proceeds will primarily be used to continue increasing SOL holdings.
The company stated that SOL has outperformed the Nasdaq 100 index by 39 percentage points quarter-to-date, while DFDV's performance during the same period reached twice that of SOL. CEO Joseph Onorati said the plan gives the company the structure to make CHAD a new growth engine, with an offering price no lower than the $10 par value.
Representative Altcoin Treasury Listed Companies
Nasdaq-listed company Newgenivf disclosed that the 146,400 XRP purchased during 2025 has been fully sold, generating a profit of approximately $10,800. During the same period, the company also bought and sold a small amount of BTC and ETH, retaining only approximately 13,000 SOL, with a year-end loss of approximately $1.28 million.
