Bullish take: Strive has reached the 25,000 $BTC mark after a 36.6 million dollar purchase, according to The Block. bitcoin is at $78,518, +1.9% today.
The pace has cooled, though. The prior week’s purchase was 1,375 BTC for roughly 109 million dollars. my read: the continued accumulation supports the case for corporate demand, but the slowdown matters, so I wouldn’t treat one company’s purchase as a market signal by itself.
where do you think $BTC closes the week?
Not advice. DYOR, always.
The pace has cooled, though. The prior week’s purchase was 1,375 BTC for roughly 109 million dollars. my read: the continued accumulation supports the case for corporate demand, but the slowdown matters, so I wouldn’t treat one company’s purchase as a market signal by itself.
where do you think $BTC closes the week?
Not advice. DYOR, always.
