While ETF holders were selling $412M of
$BTC in a day, one treasury was quietly buying the dip — and it bought a lot of it.
Strive disclosed it picked up 15,124 coins in October, lifting its stash to 43,124 coins and making it the fourth-largest public corporate holder, just 390 coins behind Twenty One Capital. That's the other side of this week's tape: long-term buyers adding while funds bleed.
$BTC is holding near $75,946, down just 0.2% today, but here's the catch — Strive's average cost sits near $87,785, so even the buyers are underwater right now. If $75,500 holds, this accumulation story probably keeps the floor interesting; lose it and $69,000 comes into view fast.
Are treasuries early here, or just catching a falling knife?
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