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Strive buys 3,311 BTC worth $280M, raising holdings to 32,773 BTC amid Bitcoin price dip.

Market News
13 Oct 2026
Decrypt
View Source
Bullish
Strive buys 3,311 BTC worth $280M, raising holdings to 32,773 BTC amid Bitcoin price dip.

Strive, a Nasdaq-listed asset manager, purchased 3,311 Bitcoin between October 5 and 9 at an average price of about $84,500 per coin, spending roughly $280 million in its largest single purchase since January. This acquisition increased Strive's total Bitcoin holdings to 32,773 BTC, valued at approximately $2.73 billion. The purchase comes after earlier buys of $169 million and $94.5 million in Bitcoin, reflecting an aggressive accumulation strategy during a recent dip in Bitcoin prices. Strive's move highlights a growing trend among public companies to build Bitcoin treasury reserves, though it carries risks due to Bitcoin's volatility.

Strive's recent $280 million Bitcoin purchase provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 14, 2026 01:03 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell. Notable movers include ZIL at Rp61 with a 1-day change of -4.71%, ALGO at Rp2.137 down 4.43%, and DOT at Rp20.771 down 4.31%.

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