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Strive buys 2,822 Bitcoin and Strategy repurchases $192.4M in preferred shares, showing active corporate Bitcoin moves.

Market News
16 Oct 2026
Tokenpost
View Source
Bullish
Strive buys 2,822 Bitcoin and Strategy repurchases $192.4M in preferred shares, showing active corporate Bitcoin moves.

Strive purchased 2,822 Bitcoin between October 12-13 at an average price of about $83,266 per coin, continuing its recent trend of increasing Bitcoin holdings. Meanwhile, Strategy repurchased $192.4 million worth of its preferred shares from October 5-11. These moves highlight ongoing corporate activity in Bitcoin accumulation, with public companies increasing their holdings through various transactions, including market purchases and acquisitions. Notably, Strive's Bitcoin holdings also grew earlier in the month through the acquisition of Semler Scientific, which added over 5,000 BTC to its balance sheet.

Strive's recent Bitcoin purchases and Strategy's share repurchases provide context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 16, 2026 13:02 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 45 rose and 4 fell today. Notable movers include KSM (Kusama) at Rp82.383 with a 7.15% increase and 100% buy order activity, GRT (The Graph) at Rp453 with a 7.10% increase and 97% buy order activity, and MANA (Decentraland) at Rp1.622 with a 6.99% increase but 85% sell order activity.

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