Major Treasury Firms Accumulate Crypto Despite Market Downturn
Strategy, Bitmine, and DeFi Development have purchased Bitcoin, Ethereum, and Solana amid recent price declines.
Strategy, Bitmine, and DeFi Development have purchased Bitcoin, Ethereum, and Solana amid recent price declines. Bitcoin (BTC) is trading at $83,344.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by Bitcoin Sistemi, with live market data added, as of Tue, 13 Oct 2026 21:15:03 UTC.
This development highlights institutional confidence in crypto assets despite short-term market volatility, with significant capital allocation continuing across major blockchains.
- Major treasury firms bought Bitcoin, Ethereum, and Solana during price declines.
- Bitcoin ETFs saw $386.3M in net outflows in early October.
- Ethereum funds posted nine straight days of losses.
- DeFi TVL remains substantial across Ethereum, Solana, and Bitcoin.
Major treasury firms Strategy, Bitmine, and DeFi Development have announced significant purchases of 
Bitcoin, 
Ethereum, and 
Solana, according to multiple outlets. These acquisitions come amidst a period of price declines for all three cryptocurrencies, indicating continued institutional interest in digital assets despite short-term market volatility.
Decrypt reports that Bitcoin ETFs have experienced $386.3 million in net outflows through the first seven trading days of October. Additionally, Ethereum-based funds have posted nine consecutive days of losses, suggesting broader market sentiment may be diverging from institutional investment patterns.
On-chain data from DeFiLlama shows that Ethereum's DeFi Total Value Locked (TVL) stands at $51.22 billion, Solana's at $6.05 billion, and Bitcoin's at $4.45 billion. These figures indicate that while DeFi activity remains substantial, there are differences in adoption and capital allocation across the major blockchains.
The broader crypto market remains relatively stable with a total market cap of $2.87 trillion. Bitcoin is currently trading at $83,192, up 0.45% in the last 24 hours but down 2.68% over the past week. Ethereum is at $2,505.98, experiencing a 0.58% decline in the last 24 hours and a 6.84% drop over the week. Solana is at $107.41, down 0.84% in the last day and 11.05% over the week.
The Fear & Greed Index stands at 57, indicating a 'Greed' sentiment, which suggests that while some investors are cautious, others see the current market conditions as an opportunity. The continued institutional buying could be a sign of confidence in the long-term potential of cryptocurrencies.
Since this brief published about 29 hours ago, Bitcoin (BTC) has moved from $83,192.00 to $83,344.00 — +0.18%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦113.98M (about $83,344.00), up 0.6% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Major Treasury Firms Accumulate Crypto Despite Market Downtu — questions & answers
Which companies are buying crypto?
Strategy, Bitmine, and DeFi Development are the firms reported to be purchasing Bitcoin, Ethereum, and Solana.
How much have Bitcoin ETFs lost?
Bitcoin ETFs have seen $386.3 million in net outflows in early October.
What is the current DeFi TVL for Ethereum?
Ethereum's DeFi TVL is $51.22 billion according to DeFiLlama.
How much is 1 Bitcoin worth in naira today?
About ₦113.98M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,344.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.18% since this brief first published — trading at $83,344.00 now versus $83,192.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.