Strive buys 4,045 BTC in a week, 15x Strategy's haul, targets No. 2 spot
- —Strive's reserve now stands at 36,818 BTC, the fourth-largest among public companies
- —Strategy leads with 848,517 BTC, followed by Metaplanet (44,000) and Twenty One (43,514)
- —Strive needs 7,182 BTC to pass Metaplanet, or about 700 BTC a week through year-end
- —A 7 million-share preferred offering expected to close Oct. 20 should raise about $630 million
Why it matters: Corporate treasuries remain a major source of bitcoin demand, and the race for the No. 2 spot could accelerate purchases before year-end.
Source: Koin Bülteni