Strategy and Strive Expand Bitcoin Holdings by 2,334 BTC Ahead of Market Drop
- —Strategy bought 334 BTC on October 5, raising its holdings to 848,000 BTC
- —Strive acquired 2,000 BTC from September 28 to October 2, now holding 29,462 BTC
- —The two companies added a combined 2,334 BTC before the selloff
- —Bitcoin briefly dropped below $81,000 on Thursday before a modest recovery Friday
Why it matters: Corporate buying supports demand, but it does not guarantee a rebound: the market awaits fresh filings to see whether purchases continued after the drop.
Source: Crypto Insiders