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1h ago · CryptoPotato

Strive Adds 3,311 BTC in Another Massive Bitcoin Purchase

Strive has accelerated its bitcoin accumulation once again, acquiring 3,311 BTC over the past week, which put its total treasury at 32,773 units. CEO Matt Coll also reported $208 million in warrant exercises as a key deadline for the remaining warrants approaches. This week’s purchase is significantly higher than the one announced last week, which was the then-third-largest. The new one, though, has taken the second spot in the company’s rankings, with the biggest remaining the merger with Semler Scientific, in which 5,816-5,817 BTC were involved. Last week, Strive acquired 3,311 $BTC, increasing total holdings to ₿32,773. – $208M in warrants exercised; ~15.3M remain, expiring today at 5pm ET.
– SATA’s $100 minimum issuance price is now a binding restriction in governing docs, formalizing the protection. — Matt Cole (@ColeMacro) October 13, 2026 Aside from the latest BTC accumulation, which followed yesterday’s modest purchase by Strategy, Cole said $208 million worth of warrants have been exercised, while approximately 15.3 million remain outstanding and are due to expire at 5 pm ET today. The company also formalized another provision relating to its preferred stock, SATA. According to Cole, the previously stated $100 minimum issuance price has now become a binding restriction in Strive’s governing documents. The post Strive Adds 3,311 BTC in Another Massive Bitcoin Purchase appeared first on CryptoPotato.

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AI Analysis:

🦊 Nova's Take Strive's 3,311 BTC purchase — its second-largest ever — signals aggressive corporate treasury accumulation ahead of a warrant expiry deadline, with $208M already exercised and ~15.3M warrants expiring at 5pm ET. This mirrors the MicroStrategy playbook of using capital markets to convert fiat into BTC at scale. 📊 Market Impact Corporate buying of this size adds steady spot demand, but 3,311 BTC (~$220M+ at July 2026 prices near $67K) is modest against daily volume — expect mild bullish sentiment rather than a price catalyst. The warrant expiry could trigger short-term volatility if exercised shares convert into fresh BTC bids. 💡 Trading Advice Treat this as a slow-burn bullish signal, not a trigger — corporate accumulation supports the mid-term floor but won't front-run macro. Watch BTC's reaction around the $65K-$68K range; a hold above $66K keeps the uptrend intact, while a break below $64K signals caution. Always size positions with risk controls. 🦊 *(Note: This is analysis, not financial advice — manage your own risk.)*

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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