Bitcoin treasury company Strive has 43,153 $BTC on its books. CEO Matt Cole said on X on November 15, “Bitcoin is cheap right now, and we want to buy more.” Based on the prices shown in the accompanying holdings chart, this stash is worth about $2.84 billion.
The 43,153 coins are holdings already acquired; the caption is about wanting to buy more, and the figure in the chart hasn’t changed yet. To see if they follow through, we’ll have to wait for next week’s disclosure of new holdings. If the number goes up, the additional purchases will be confirmed.
Treasury companies have understandable incentives and logic for calling to add to their holdings when prices fall. But what the secondary market has right now is just a statement from the CEO, not a record of completed transactions. The $2.84 billion in the screenshot is an estimate; if Bitcoin falls further, that figure will shrink too.
#Strive #比特币财库 #BTC accumulation
The 43,153 coins are holdings already acquired; the caption is about wanting to buy more, and the figure in the chart hasn’t changed yet. To see if they follow through, we’ll have to wait for next week’s disclosure of new holdings. If the number goes up, the additional purchases will be confirmed.
Treasury companies have understandable incentives and logic for calling to add to their holdings when prices fall. But what the secondary market has right now is just a statement from the CEO, not a record of completed transactions. The $2.84 billion in the screenshot is an estimate; if Bitcoin falls further, that figure will shrink too.
#Strive #比特币财库 #BTC accumulation