Guys!!! This morning I just said Wall Street ETF net buying has fallen to zero this year, and over there corporate treasuries are still piling in like crazy!!!
Strive’s Q3 report, released Friday (Nov 6) (official IR / The Block / Cointelegraph): It bought 8,136 BTC in the third quarter, then added another 15,124 from Oct 1 to 30~ As of Oct 30, it held 43,124 BTC in total, worth about $3.25 billion. It’s already climbed to fourth place on the list of publicly listed companies holding crypto, just over 800 BTC behind second-place Metaplanet (about 44,000 BTC), haha.
Even crazier is the pace: it bought more in October alone than in the entire third quarter!!! On one side, spot ETFs are bleeding hundreds of millions a week; on the other, corporate treasuries like Strive are spending big to load up. What a split-screen picture~
Honestly, the ETF channel weakening doesn’t mean “nobody’s buying Bitcoin”!!! It just means the money is moving from passive funds into the hands of companies actively stacking Bitcoin. The market is still grinding around $75K–$76K this weekend, and the Fear & Greed Index is still at 25—extreme fear~ Don’t just get spooked by the outflows; look at who’s buying, too.
I just checked CoinGecko: BTC is around $75.8K, ETH around $2,242~
Do you think Strive can break into the top two with this buying spree, or is it just spinning a story to pump its valuation?
$BTC $ETH
#Strive #囤币 #Crypto
Strive’s Q3 report, released Friday (Nov 6) (official IR / The Block / Cointelegraph): It bought 8,136 BTC in the third quarter, then added another 15,124 from Oct 1 to 30~ As of Oct 30, it held 43,124 BTC in total, worth about $3.25 billion. It’s already climbed to fourth place on the list of publicly listed companies holding crypto, just over 800 BTC behind second-place Metaplanet (about 44,000 BTC), haha.
Even crazier is the pace: it bought more in October alone than in the entire third quarter!!! On one side, spot ETFs are bleeding hundreds of millions a week; on the other, corporate treasuries like Strive are spending big to load up. What a split-screen picture~
Honestly, the ETF channel weakening doesn’t mean “nobody’s buying Bitcoin”!!! It just means the money is moving from passive funds into the hands of companies actively stacking Bitcoin. The market is still grinding around $75K–$76K this weekend, and the Fear & Greed Index is still at 25—extreme fear~ Don’t just get spooked by the outflows; look at who’s buying, too.
I just checked CoinGecko: BTC is around $75.8K, ETH around $2,242~
Do you think Strive can break into the top two with this buying spree, or is it just spinning a story to pump its valuation?
$BTC $ETH
#Strive #囤币 #Crypto