Huo Xing Finance reports that on November 8, Matt Cole, CEO of Bitcoin treasury company Strive, published a chart of Bitcoin holdings with the caption, "The hurdle rate is orange," hinting that data on additional BTC purchases will be disclosed next week. Strive's current total holdings amount to 43,124 BTC, with an average cost per Bitcoin of $80,526.
Strive CEO Hints at BTC Buyback Announcement
MarsBitShare
Summary
Strive CEO Matt Cole hinted at an announcement related to BTC pricing, revealing that the company will disclose additional BTC buybacks next week. Cole shared a chart showing 43,124 BTC in holdings, with an average purchase cost of $80,526 per Bitcoin. This move could influence BTC dominance as the company continues to allocate capital toward Bitcoin.
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