🏦 Two Bitcoin treasury firms. Two very different weeks.
Strive bought 4,045 BTC for about $335M between Oct 12 and 16, lifting its total to 36,818 BTC. Strategy added only 267 BTC, about $22.1M, bringing its total to 848,517 BTC. cryptobriefingprimexbt
How Strive paid for it:
🔹 Warrants were exercised for expected gross proceeds of $369.2M, and no traditional warrants from its PIPE remain outstanding.
🔹 A $630M preferred stock offering was also priced, scheduled to settle Oct 20.
🔹 Average buy price was about $82,803 per BTC. Strive, Inc. - Form 8-K - FY2026 +2
The catch: Class A shares outstanding rose about 13.5% in a week, so existing holders own a smaller slice unless the new BTC earns it back. primexbt
Why it matters: Strategy and Metaplanet face the MSCI exclusion clock (list due Nov 11), while a smaller rival is raising capital and buying faster. Treasury buying isn’t over, but it’s moving to different hands.
Today: $BTC is trading near $82.8K (+1.4%), still inside the $80K to $87K range of the past month. Rising yields, oil prices and AI-trade worries are keeping gains limited. investing
Watch next: Strategy’s next weekly update, the MSCI list on Nov 11, and the Fed meeting on Oct 27 and 28.
Is the treasury trade still working, or is dilution the real risk? Tell me below 👇
#Bitcoin #BTC #Strive #Strategy #CryptoNews
Not financial advice. Do your own research.
$BTC
Strive bought 4,045 BTC for about $335M between Oct 12 and 16, lifting its total to 36,818 BTC. Strategy added only 267 BTC, about $22.1M, bringing its total to 848,517 BTC. cryptobriefingprimexbt
How Strive paid for it:
🔹 Warrants were exercised for expected gross proceeds of $369.2M, and no traditional warrants from its PIPE remain outstanding.
🔹 A $630M preferred stock offering was also priced, scheduled to settle Oct 20.
🔹 Average buy price was about $82,803 per BTC. Strive, Inc. - Form 8-K - FY2026 +2
The catch: Class A shares outstanding rose about 13.5% in a week, so existing holders own a smaller slice unless the new BTC earns it back. primexbt
Why it matters: Strategy and Metaplanet face the MSCI exclusion clock (list due Nov 11), while a smaller rival is raising capital and buying faster. Treasury buying isn’t over, but it’s moving to different hands.
Today: $BTC is trading near $82.8K (+1.4%), still inside the $80K to $87K range of the past month. Rising yields, oil prices and AI-trade worries are keeping gains limited. investing
Watch next: Strategy’s next weekly update, the MSCI list on Nov 11, and the Fed meeting on Oct 27 and 28.
Is the treasury trade still working, or is dilution the real risk? Tell me below 👇
#Bitcoin #BTC #Strive #Strategy #CryptoNews
Not financial advice. Do your own research.
$BTC
