Investment
Features
FeesSafety
Academy
More
Pluang+

Strive buys 2,000 BTC for $169M, boosting its holdings to 29,462 BTC amid growing treasury race.

Protocol Fundamentals
05 Oct 2026
Bitcoin
View Source
Bullish
Strive buys 2,000 BTC for $169M, boosting its holdings to 29,462 BTC amid growing treasury race.

Strive purchased 2,000 bitcoin for approximately $169 million between Sept. 28 and Oct. 2, increasing its total holdings to 29,462 BTC. This purchase was nearly six times larger than Strategy's recent acquisition of 334 BTC, though Strategy still holds a much larger treasury of 848,000 BTC. Strive funded this expansion mainly through preferred stock and warrant exercises, signaling an aggressive push to grow its bitcoin treasury. Despite the rapid accumulation, Strive remains far behind Strategy but aims to become the second-largest public bitcoin holder by year-end.

Strive's recent bitcoin purchase provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 05, 2026 21:12 WIB: Of 50 major cryptocurrencies priced on Pluang, 33 rose and 16 fell today. Notable movers include AAVE at Rp3.350.000 with a 1-day change of +4.32% and Pluang order activity of 98% Sell / 2% Buy, MANA at Rp1.832 with a 1-day change of -4.28% and balanced order activity, and AXS at Rp23.429 with a 1-day change of -3.56% and 31% Sell / 69% Buy order activity.

More News

NVIDIA price target raised to $345 on strong AI chip demand and earnings growth.

NVIDIA price target raised to $345 on strong AI chip demand and earnings growth.

BNP Paribas Exane raised NVIDIA's price target from $285 to $345 due to strong demand for its AI chips, signaling potential upside of about 45.6% from the current price. NVIDIA shares have gained about 25% in 2026, driven by growth in AI infrastructu...

Analyst Insights
Bullish
54 minutes ago
Raymond James raises SBA Communications price target to $271 on growing mobile data demand.

Raymond James raises SBA Communications price target to $271 on growing mobile data demand.

Raymond James increased its price target for SBA Communications to $271 from $264, signaling a 68.6% upside from the current share price of $160.74. The growth is driven by rising mobile data demand, network expansions by wireless carriers, and stead...

Analyst Insights
Bullish
1 hour ago
SPX Technologies stock hits 52-week low despite bullish analyst price targets.

SPX Technologies stock hits 52-week low despite bullish analyst price targets.

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...

Analyst Insights
Neutral
3 hours ago
PBF Energy shares jump on strong earnings, $1.4B debt cut, and cost-saving plans for 2026

PBF Energy shares jump on strong earnings, $1.4B debt cut, and cost-saving plans for 2026

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...

Company Fundamentals
Bullish
3 hours ago
J D Wetherspoon sees 8.6% sales rise but profits drop 28% due to higher costs

J D Wetherspoon sees 8.6% sales rise but profits drop 28% due to higher costs

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...

Company Fundamentals
Neutral
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App