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StrategyStriveAdd2305BitcoinThisWeek
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#StrategyStriveAdd2305BitcoinThisWeek
$BTC
Strategy and Strive recently disclosed combined purchases of 2,305 BTC, worth about $182.7 million. Strategy acquired 950 BTC, while Strive added 1,355 BTC.
This is notable because it shows continued corporate demand for Bitcoin. Strategy’s holdings reached about 846,000 BTC, while Strive reported 26,355 BTC.
The purchases are an important market-development story, but they don't by themselves establish where Bitcoin's price will go next. Corporate treasury strategies also involve financing, balance-sheet, and market risks.
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