#StriveBuys2000BTCFor$169M
Why would Strive spend another $169M on $BTC at $84.4K? đ
Strive bought 2,000 BTC between Sept. 28 and Oct. 2 at an average of ~$84,422, taking its treasury to 29,462 BTC.
After watching crypto for years, this is what catches my attention:
When most traders are waiting for confirmation, some companies are already making their bet.
Strive is clearly still comfortable accumulating BTC around these levels.
But I wouldnât call it automatically bullish.
The bigger question is whether Strive can keep growing its BTC exposure without the financing and dilution becoming too expensive for common shareholders.
And now Iâm watching one level closely:
~$84.4K.
Thatâs roughly where Strive bought.
If BTC revisits that area, weâll get a much better test of the decision.
Did Strive buy the dip?
Or did it simply buy before another market test?
What do you think? đ
$ASST.US $BTC
#bitcoin #StriveToWin #crypto
Why would Strive spend another $169M on $BTC at $84.4K? đ
Strive bought 2,000 BTC between Sept. 28 and Oct. 2 at an average of ~$84,422, taking its treasury to 29,462 BTC.
After watching crypto for years, this is what catches my attention:
When most traders are waiting for confirmation, some companies are already making their bet.
Strive is clearly still comfortable accumulating BTC around these levels.
But I wouldnât call it automatically bullish.
The bigger question is whether Strive can keep growing its BTC exposure without the financing and dilution becoming too expensive for common shareholders.
And now Iâm watching one level closely:
~$84.4K.
Thatâs roughly where Strive bought.
If BTC revisits that area, weâll get a much better test of the decision.
Did Strive buy the dip?
Or did it simply buy before another market test?
What do you think? đ
$ASST.US $BTC
#bitcoin #StriveToWin #crypto
