Strive raised about $55 million this week through its SATA preferred shares program, enough to buy nearly 638 bitcoins. However, the company's ability to continue this funding method depends on its stock price staying above the $100 nominal value. Since the stock fell below $100 from Wednesday onward, new issuances have been halted, limiting further bitcoin purchases. This model, inspired by Strategy's approach, carries risks including increased future dividend obligations and exposure to bitcoin price fluctuations. Strive currently holds over 29,000 bitcoins, but its funding strategy only works if investors buy shares above nominal value.
Strive's Bitcoin financing model is the subject, with Pluang market data providing context. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 11, 2026 11:01 WIB: of 50 major cryptocurrencies priced on Pluang, 16 rose and 33 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37, BAL (Balancer) up 11.14% at Rp16.297, and EOS (EOS.IO) up 8.13% at Rp12.649.
Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...
Two wallets reportedly exploited price swings on Hyperliquid by placing around $20 million in orders, shifting Ether prices slightly. They simultaneously opened large long positions on Papertrade, which uses Hyperliquid prices for settlement. This st...
Bitcoin balances on major exchanges remained stable over one day, with no net inflow recorded. However, weekly and monthly data show significant net outflows, indicating ongoing withdrawals from exchanges. Trading volume was highest during Asian hour...
Ampleforth (AMPL) experienced a sharp decline of 13.91% within 60 minutes on October 11, falling to $1.30, reflecting ongoing volatility in the altcoin market. Over the previous 24 hours, AMPL traded between $1.30 and $1.50, with a market cap of abou...
Two wallets reportedly exploited a known best-bid-and-offer (BBO) risk on the papertrade protocol, triggering about $20 million in Ether (ETH) trades that moved prices by 10 to 20 basis points on the Hyperliquid platform. A community user, boblob, ac...
