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SATA raises funds to potentially buy over 680 Bitcoin, matching 75% of miners' daily output

Market News
07 Oct 2026, 10:43 WIB
Tokenpost
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Bullish
SATA raises funds to potentially buy over 680 Bitcoin, matching 75% of miners' daily output

SATA, a Bitcoin accumulation vehicle affiliated with Strive, has raised enough funds this week to potentially purchase more than 680 Bitcoin. Its average daily purchase amount is about 75% of the average daily Bitcoin production by miners, highlighting the significant scale of SATA's buying activity relative to new Bitcoin supply. This shows strong demand and accumulation interest in Bitcoin from SATA, which could impact market dynamics if sustained.

SATA's Bitcoin accumulation is notable. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 07, 2026 14:21 WIB: Out of 50 major cryptocurrencies, 6 rose and 43 fell. DOT traded at Rp20.258 with a 1-day change of -7.43%, EGLD at Rp74.037 down 7.20%, and UNI at Rp146.889 down 7.09%.

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