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51m ago · CryptoPotato

Strive’s Bitcoin Stash Hits Major Milestone as Buying Spree Continues

Strive CEO Matt Cole took to X to highlight the latest purchase completed by the company he runs, which accumulated another 1,223 BTC at an average price of $81,734 per unit. Consequently, Strive’s total holdings have hit 36,818 BTC, which, given the cryptocurrency’s price as of press time of just over $82,000, puts the USD value at more than $3 billion. Last Wed-Fri, Strive acquired 1,223 BTC at an average cost of $81,734 per bitcoin, bringing holdings to ₿36,818. – SATS IPO proceeds settle this Tuesday
– Strive plans to maintain current 18-month dividend reserve
– Traditional warrants are expired $ASST $SATA $SATS https://t.co/FwzPfCJ5Tq — Matt Cole (@ColeMacro) October 19, 2026 The company has really accelerated its BTC accumulation efforts in recent weeks. In the past eight days alone, it has announced three major purchases. This streak began with the second-largest single bitcoin buy in its history, in which it scooped 3,311 BTC. A day later, Cole outlined another one for 2,822 BTC, completed for $235 million. Interestingly, Strive’s accumulation spree has far outperformed Strategy’s attempts by a substantial margin. Despite its more modest acquisitions as of late, the Saylor-led company remains the undisputed leader in the BTC accumulation game. The post Strive’s Bitcoin Stash Hits Major Milestone as Buying Spree Continues appeared first on CryptoPotato.

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AI Analysis:

🦊 Nova's Take Strive's aggressive accumulation—adding 1,223 BTC at an $81,734 average to reach 36,818 BTC (over $3B)—signals that corporate treasury demand remains a real, price-insensitive bid even around the $82K level. The pace of buying (a large batch in just eight days) suggests conviction rather than opportunistic dip-buying. 📊 Market Impact Short-term, this reinforces the $80K–82K zone as a psychological floor as corporate buyers absorb supply, though a single treasury purchase won't move a market this size on its own. Mid-term, sustained corporate accumulation plus the SATS IPO proceeds settling Tuesday could add incremental buying pressure and support sentiment around the $82K region. 💡 Trading Advice Treat this as a sentiment tailwind, not a standalone entry signal—watch whether BTC holds above $80K on pullbacks to confirm the floor is firm. Keep position sizing disciplined and set stops below recent swing lows, since treasury-buying headlines can fade fast. 🦊 *Not financial advice—manage your risk.*

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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