Bitcoin fell below the key $85,000 mark even as three major corporate treasury firms—Strategy, Metaplanet, and Strive—reported net purchases totaling 3,334 BTC. This shows a disconnect between institutional buying and short-term price momentum, as broader selling pressure and high Treasury yields weigh on Bitcoin's price. Strategy bought 334 BTC at an average price above current levels, while Metaplanet and Strive also increased their holdings, with Strive making the largest recent purchase. The ongoing corporate accumulation highlights confidence but hasn't yet reversed Bitcoin's downward price trend.
Bitcoin's recent institutional purchases totaled 3,334 BTC, yet its price fell below $85,000. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 05, 2026 23:32 WIB: out of 50 major cryptocurrencies, 21 rose and 27 fell. Notable movers include AXS down 5.52% at Rp22.980 with 69% buy activity, ALGO down 4.07% at Rp2.265 with 91% buy activity, and KSM down 3.45% at Rp90.852 with 100% buy activity.
SPX Technologies (NYSE: SPXC) recently traded near its 52-week low around $170, down about 1.6% from the previous close. Despite this, several analysts maintain positive outlooks with price targets ranging from $250 to $301, indicating potential upsi...
PBF Energy's shares have surged 173% over the past year, nearing record highs due to stronger refining margins and improved quarterly results. The company reduced its net term debt by over $1.4 billion in Q2 2026, refinanced notes, and maintained nea...
J D Wetherspoon reported an 8.6% increase in like-for-like sales in the first nine weeks of its new financial year, helped by favorable weather. However, profit before tax fell 28% to £58.60 million despite a 5.2% revenue rise to £2.24 billion, mainl...
Oppenheimer has maintained its Outperform rating on Enphase Energy but lowered the price target from $56 to $55. Enphase Energy, a company specializing in solar microinverters, home batteries, and energy management products, has seen its shares drop ...
Cardano's native token ADA jumped 12% to $0.27, marking its strongest rally since May, driven by the launch of a DeFi platform and a teaser from founder Charles Hoskinson about a major scalability upgrade called Linear Leios. This upgrade aims to inc...
