Is the float moving quickly?
"Strive raised about $55 million through SATA preferred stock"
After large capital increases their holdings, these coins will likely have to stay in custody for several years, so the amount of tradable float in the market will decrease a bit.
$BTC 24h trading volume: $921 million. Let’s see whether there are any follow-up actions in the same direction.

Markets change in an instant, so don’t rush to conclusions.