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Strategy and Strive buy 935 BTC worth $75.5M as Bitcoin trades below $80K

Protocol Fundamentals
02 Nov 2026, 16:03 WIB
Crypto news
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Bullish
Strategy and Strive buy 935 BTC worth $75.5M as Bitcoin trades below $80K

Strategy resumed Bitcoin buying with 811 BTC for $65.5 million, raising its total to 849,327 BTC, while Strive added 124 BTC for $10 million, totaling 43,124 BTC. Both companies combined purchased 935 BTC for about $75.5 million during a period when Bitcoin traded near $77,700, below their average purchase prices. Strategy funded its Bitcoin purchase by selling MSTR stock and repurchased $208.2 million in preferred shares to reduce dividend obligations. These moves show continued corporate confidence in Bitcoin despite recent price dips and ongoing treasury management efforts.

Strategy and Strive's Bitcoin purchases provide context for readers following cryptocurrency activity. As of Nov 02, 2026 20:43 WIB, among 50 major cryptocurrencies tradable on Pluang, 8 rose and 41 fell. Notable movers include COTI at Rp185 with a 1-day change of -5.22% and a typical hold time on Pluang of 122 days, LUNC at Rp0.75 down 4.85%, and CRV at Rp4,969 down 4.46%.

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