Strive announced the acquisition of 2,000 BTC last week for a total of $169 million, at an average price of $84,422 per unit. The transaction, confirmed by its CEO Matt Cole. This is the third largest purchase in the company's history according to on-chain data, and the second largest completed so far in 2026.
The 50, 100, and 200-day moving averages of bitcoin are about to regain a fully bullish alignment for the first time since June 2025. However, the signal is not yet confirmed and its history shows that it can precede both a strong rise and a quickly interrupted move.
Bitcoin's notorious halving event is getting closer, and as of Monday, there are now fewer than 80,000 blocks left until that point. When that happens, at block height 1050000, on or around April 12, 2028, block rewards will shrink from 3.125 BTC to 1.5625 BTC.
Bitcoin treasury accumulation is still moving higher, with four companies adding a combined 3,342 BTC, which are nearly worth $286.31 million, during the week from September 28 to October 4th. The bigger story though, is where liquidity is moving while corporate balance sheets keep absorbing supply.
Metaplanet sold 10,000 BTC for ¥124.7 billion (~$790 million) in Q3, only to buy back 11,000 BTC shortly after. The operation aimed to demonstrate to rating agencies and investors that its bitcoin treasury can be converted into cash when needed. The company closed September with 44,000 BTC in reserves and a U.S.
Bitcoin funds also posted a $226.41 million net inflow over the seven-day period, while Ether funds recorded $140.75 million in net outflows.
Bitcoin's highest weekly close in eight months formed low-timeframe resistance at the start of Monday's US trading session.
Bitcoin outpaces historical October weakness, while key liquidation zones could amplify the next major move.
Strategy acquired 334 BTC for approximately $28.7 million at an average price of $85,838.80 per bitcoin between September 28 and October 4. The company now holds 848,000 BTC, its all-time high, valued at around $73 billion with a gain of approximately $9 billion.
An Oct. 5 wallet estimate valued its Bitcoin balance at $903.86 million, about $96 million below $1 billion. The newer figure has not been confirmed in a regulatory filing.
Strive bought 2,000 bitcoin for roughly $169 million in a single week, lifting its treasury total to 29,462 BTC. The purchase was about six times larger than Strategy's latest 334 BTC addition, even though Strategy still controls a stack roughly 29 times Strive's size. Strive funded the expansion partly through SATA preferred stock and $56.
The preliminary figure came with a roughly $4.12 billion tax benefit, as Strategy added 334 BTC and spent $176.3 million buying back STRC last week.