source avatarDaniel Schollerer

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📈 Strive purchased 15,124 BTC in October, bringing its total holdings to 43,124 BTC. 📊 Just the October purchase alone is nearly half of its entire reserve: 15,124 out of 43,124 BTC. 📈 Net profit in Q3: $509 million. 🏦 According to Cointelegraph, Strive is approaching the ranks of the leading Bitcoin treasury holders. 💡 Strive doesn’t buy in small increments—it purchases in large blocks. This suggests that treasury firms treat Bitcoin as a strategic reserve, not a short-term speculative bet. It remains unclear whether such acquisitions can be sustainably financed through profits and capital raises if market conditions weaken. 🎯 I’m monitoring whether Strive maintains its purchase rhythm. If acquisitions remain at this scale, it will serve as a supportive factor for demand. Source: Cointelegraph #Bitcoin

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