Strive buys 1,110 BTC for $81.5M, lifting holdings to 21,356 BTC; CEO Matt Cole says Bitcoin bear market is over

AI Market Summary

Strive's purchase of 1,110 BTC for $81.5M lifts its reported holdings to 21,356 BTC, reinforcing the trend of corporate balance-sheet accumulation. The CEO's claim that the Bitcoin bear market is over may boost risk appetite and positioning in the near term, though the market impact is primarily signaling rather than a structural supply shock.

Impact level

● Medium

Affected assets

BTC/USDT+3.13%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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Strive has purchased 1,110 BTC for $81.5 million, taking its total Bitcoin holdings to 21,356 BTC. CEO Matt Cole said the Bitcoin bear market is over.

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