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As crypto pokes its head out of crypto winter, there's a story emerging about the two dominant DATs that are influencing the market: Strategy and Bitmine.
If this crypto bear market is indeed muted compared to previous bears (knock on wood), then it will likely be credited to the fact that these two DATs brought idiosyncratic buying pressure to their respective assets that previous bear markets did not have to the same degree.
Strategy’s STRC is dominating the headlines, creating meaningful bitcoin buy pressure. Did you know Strategy has bought $7.3B of BTC in Q1 2026? Holy f dude… that's a lot! This is being fueled by breakout sales of the STRC product, giving Saylor the extra credit line he needs to smash the market-buy button.
But at the same time… Bitmine has quietly been purchasing ETH as well.
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