Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC
The Bitcoin treasury company added another 1,223 BTC after an earlier purchase pushed it past MARA Holdings, while continuing to expand its reserves through equity financing.
AI summary
Strive, a Bitcoin treasury company, purchased 1,223 BTC worth roughly $335 million, bringing its total holdings to 36,818 BTC. The company is funding its accumulation through equity financing and has now surpassed MARA Holdings in reserves. Large, sustained corporate buying of this scale signals continued institutional demand and removes supply from the market, which traders typically read as a supportive signal for BTC price.
Narrative history
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1H AGOBitcoin.com News · Score 55 · via Strive Buys, 1,223
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1H AGOYou’re reading thisStrive buys $335M in Bitcoin, boosting holdings to 36,818 BTCCointelegraph · Score 55
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3H AGOCrypto Briefing · Score 55 · via $335M, $335M Bitcoin
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4H AGOThe Block · Score 55 · via 36,818, 36,818 BTC
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5H AGOBeInCrypto · Score 55 · via 36,818, Strive
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16 OCT · 08:26Crypto Briefing · Score 55 · via SATS IPO, SATS
