Cathie Wood Says Bitcoin Is Beating Gold as Strive's $169M Spree Outpaces Strategy
- —Strive purchased 2,000 BTC for almost $169 million
- —The purchase is about six times Strategy's latest disclosed buy
- —Bitcoin per effective common share rose roughly 3.8%
- —Cathie Wood said bitcoin is beating gold
Why it matters: Large corporate purchases support BTC demand and intensify competition among treasury strategies.
Source: CCN — Crypto News