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Bitcoin Surges as New Top Buyer Emerges

Strive Asset Management Surpasses Saylor in Bitcoin Purchases

  • Strive Asset Management bought Bitcoin worth $280 million, acquiring 3,311 BTC between October 5-9.
  • Michael Saylor’s Strategy purchased only 250 BTC for $21.5 million during the same period.
  • Strive’s total holdings now stand at approximately $2.73 billion with a stack of about 32,773 BTC.
  • The Bitcoin ETFs saw $175 million in net inflows, while Ethereum ETFs broke a ten-day outflow streak with $25 million in inflows.
  • Solana’s Alpenglow consensus upgrade is scheduled to go live on mainnet-beta on October 21.

Strive Asset Management has emerged as the most aggressive buyer of Bitcoin recently, significantly outpacing Michael Saylor’s Strategy by acquiring over thirteen times more BTC last week. This shift highlights a changing dynamic in major Bitcoin acquisitions as Strive continues to build its treasury aggressively.

Despite this aggressive buying spree by Strive, Michael Saylor’s Strategy remains the largest holder with over twenty-five times more Bitcoin than Strive’s current holdings. The market dynamics continue to evolve as new players enter and influence the cryptocurrency landscape significantly. Source

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