TD Cowen expects Strive (ASST) to end 2026 with 27,156 BTC, nearly 4,300 more bitcoin than previously forecast.
MicroStrategy has finally returned to active Bitcoin accumulation, buying 4,603 BTC for $369.7 million between August 24 and August 30. After roughly 10 weeks without a major treasury addition, the purchase puts the company's buying strategy back under the microscope.
Michael Saylor, Chairman of Strategy (NASDAQ:MSTR) says his company is buying Bitcoin again. In a post on X, Saylor said Strategy has acquired 4,603 BTC for $370M.
Strive's latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.
Strive's innovative equity strategy could redefine corporate Bitcoin accumulation, balancing high dividend costs against potential long-term gains. Strive raises enough capital to buy over 105 Bitcoin in first hour of market open.
Flow Reversal: Bitcoin ETFs saw a $201.9M outflow on Aug. 28, ending a nine‑day streak but not reversing the broader inflow trend. Institutional Signal: Roughly $2.8B flowed into Bitcoin ETFs over two weeks, with IBIT leading allocations despite short‑term price softness. Regulatory Test: The CLARITY Act faces a Sept.
Shifting investor sentiment may signal a broader trend favoring Ethereum over Bitcoin, impacting future cryptocurrency market dynamics. Bitcoin ETFs see $210M outflow as Ethereum ETFs extend winning streak to ten days.
Strive (NASDAQ: ASST) has now jumped to the fifth spot among publicly traded corporate Bitcoin holders, leapfrogging Bullish (NYSE: BLSH) after a 1,800 token accumulation week pushed the firm's stack to 23,156 BTC worth roughly $1.8 billion as of August 31.
Bitcoin may be preparing for another move higher after holding key support despite a sharp intraday sell-off, according to prominent crypto trader DonAlt.
Vivek Ramaswamy's Strive acquired an additional 1800 Bitcoin for $143 million. With the latest purchase, it has become the 5th largest corporate Bitcoin treasury with 23,156 in total Bitcoin holdings.
Market skepticism over STRC's short-term value contrasts with optimism for a year-end rebound, highlighting strategic financial impacts. Strategy's Bitcoin per share drops 1% amid STRC buybacks, market reacts.
After months of decline, August offered a glimpse that the cryptocurrency bear market might be at its end, as rising digital asset prices led to a large increase in the number of addresses holding more than $1 million worth of Bitcoin (BTC).