Strive Leads About $510 Million in Weekly Corporate Bitcoin Buying
Photo: TokenPost
Strive drove roughly $510 million in net Bitcoin purchases by public companies outside mining last week, adding 6,182 BTC as the group’s holdings rose 0.5% from two weeks earlier. As of 8 a.m. ET Oct. 26 (12 p.m. UTC), companies in the tally held 1,167,845 Bitcoin (BTC), valued at about $93.64 billion. That amounted to 5.8% of Bitcoin’s circulating market capitalization. Net purchases were up 42.5% from two weeks earlier. Strategy and Metaplanet made no additions to their holdings during the period. The Smarter Web Company bought 20 BTC, taking its holdings to 2,850 BTC.
Source: TokenPost
