finance
Crypto Market Rebounds as MicroStrategy and Fundstrat Adjust Bitcoin and Ethereum Positions
The crypto market rebounded last week with stablecoin market cap rising $2.02 billion and DEX trading volumes increasing sharply. Companies added nearly 1,000 bitcoin worth $78.44 million while two major treasury firms bought hundreds of millions of dollars in bitcoin and ether. One large ethereum holder moved over $1.35 billion in tokens to Binance.
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The crypto market rebounded in the week of May 4 to May 10, 2026. According to on-chain analytics service Lookonchain, total stablecoin market capitalization increased by $2.02 billion, DEX spot trading volume rose 22.4 percent and perpetual futures volume climbed 25.62 percent.
MicroStrategy purchased 535 bitcoin at an average price of about $80,340 during the period, according to EmberCN. The company now holds 818,869 BTC with an average cost of $75,540. Bitcoin Magazine reported that Michael Saylor’s STRC reached $100 while the company continued accumulating bitcoin.
Fundstrat slowed its ethereum purchases to 26,659 ether for roughly $62 million, down from an average of 100,000 ether per week, CoinDesk reported. Chairman Tom Lee said the firm is moderating its pace after accumulating over 1 million ETH in 2026. The firm has accumulated more than 5.2 million ETH and has staked approximately 90 percent of its tokens.
Its current average cost basis sits at $3,539 per ether.
A prominent holder moved 577,896 ETH valued at $1.35 billion into Binance last week, according to Lookonchain. The deposit represented one of the largest single ethereum transfers recorded during the period.
One company bought an additional 112 BTC on May 11. Seven companies increased their bitcoin holdings by a combined 974 BTC valued at $78.44 million during the May 4–10 period.
