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).
Strategy (NASDAQ: MSTR) reverted to its Bitcoin plan. It disclosed a $369.7 million buy in an SEC filing on Monday.
Strategy's Bitcoin purchase lifts total holdings to 845,050 coins near key price levels
Strategy's Bitcoin purchase lifts total holdings to 845,050 coins near key price levels
It's a crypto-accumulation day today, as Strive has joined Strategy and Bitmine.
Fears are growing that the U.S.
Strategy bought 4,603 BTC for $369.7 million, raising total holdings to 845,050 BTC worth over $66 billion.
Charles Schwab is expanding its crypto platform beyond Bitcoin and Ethereum, adding support for Solana, Avalanche, and Chainlink exposure, according to validated platform materials. The move is notable because Schwab is not a crypto-native exchange.
Strategy bought 4,603 Bitcoin for $369.7 million using MSTR share-sale proceeds, lifting its corporate holdings to 845,050 BTC.
The shares are already issued and may never be sold, while loan, treasury and cash risks remain.
Bitcoin is fighting to steady itself Monday, Aug. 31, 2026, after a hard rejection from the upper-$79,000 range flushed the leading crypto asset toward $77,000 per coin before buyers finally showed up.
Strive's increased Bitcoin holdings may boost its market perception and influence corporate strategies towards cryptocurrency investments. Strive becomes fifth-largest corporate Bitcoin holder with 1,800 BTC purchase.