Strive's Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.
Strive buys 1,110 BTC below Monday's market price while share issuance keeps dilution under scrutiny.
U.S. spot bitcoin ETFs drew $1.92 billion in net inflows during the week of August 17 to August 21, while ether funds added $697.18 million. Solana, XRP and HYPE ETFs also finished the week in positive territory as institutional demand broadened across the market.
The breaches highlight the urgent need for enhanced cybersecurity measures and transparency in crypto platforms to protect investors' assets. Bitcoin IRA and iTrustCapital suffer data breaches linked to threat actor Tiffanny Milanovich.
Strive grabbed another 1,110 bitcoin for $81.5 million last week, pushing its holdings to 21,356 BTC as the asset manager keeps feeding investor capital straight into its expanding digital asset treasury (DAT) strategy. The company bought bitcoin between Aug. 17 and Aug. 21 at an average price of $73,409 per coin, including fees and expenses.
The surge in call options for IBIT signals strong bullish sentiment, potentially driving Bitcoin prices higher and solidifying IBIT's market dominance. IShares Bitcoin Trust call options volume hits record 1.58M contracts.
The largest corporate holder of Bitcoin in the world, Strategy (NASDAQ: MSTR) has told the SEC that it has created a $1.59 billion pool that it can spend on Bitcoin whenever it wants.
Bitcoin's explosive breakout has transitioned into a period of consolidation between $77,000 and $79,000. Despite the sharp expansion from the previous range, the price is now struggling to extend higher immediately, suggesting that the market may need to digest the move before choosing its next direction.
The price of bitcoin blasted past $79,000 around 9 a.m. EDT on Monday, August 24, 2026, as buyers kept their foot on the gas following last week's blistering rally.
Bitcoin price gains can draw new buyers into crypto by lifting expectations for future returns, a Federal Reserve Bank of Cleveland experiment found. According to the report, participants shown Bitcoin's previous 12-month performance became more bullish on crypto.
Bitcoin neared $80,000 as Treasury liquidity support weakened the dollar, ETF demand strengthened and short covering accelerated.
The analyst says a drop below $1,388 could undermine the technical setup behind the long-term bullish thesis.