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Strive Buys $235M in Bitcoin, Knocks MARA Out of Fourth Place

Strive just leapfrogged MARA in the corporate bitcoin rankings, snapping up another 2,822 BTC for $235 million, barely a day after revealing a $280 million purchase. The back-to-back buying spree pushed its holdings to 35,595 BTC, worth nearly $3 billion. Strive Adds 6,133 Bitcoin in Days, Claims Fourth Place Strive isn’t wasting much time climbing […]

Strive Buys $235M in Bitcoin, Knocks MARA Out of Fourth Place
Bitcoin.com News
AI summary

Strive purchased 2,822 BTC for $235 million, following a $280 million buy a day earlier, bringing its total holdings to 35,595 BTC worth nearly $3 billion. This buying spree pushed Strive past MARA into fourth place among corporate bitcoin holders. The rapid accumulation signals strong institutional demand, which traders may view as a bullish signal for BTC price support.

Impact
65 %
Conviction
60 %
Narrative
33 %
Narrative history
2 linked stories · 3 outlets · since 13 Oct
  1. 1H AGO
    You’re reading this
    Strive Buys $235M in Bitcoin, Knocks MARA Out of Fourth Place
    Bitcoin.com News · Score 65
  2. 1H AGO
  3. 13 OCT · 13:57
    Cointelegraph · Score 55 · via exercises, warrant
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