TREE NEWS update: Bitcoin treasury company Strive purchased 15,124 BTC in October, lifting its total holdings to 43,124 BTC, the company said alongside its third-quarter results. Strive also reported $509 million in third-quarter net income. The October buying brings the treasury firm closer to the largest corporate Bitcoin holders.
Strive buys 15,124 Bitcoin in October, holdings reach 43,124 BTC
Strive's October purchase is notable less for the headline accumulation than for the earnings backdrop: a treasury company funding Bitcoin buys while posting quarterly net income suggests operating cash flow, not just capital markets access, is part of the story. The disclosure also signals that corporate treasury demand remains a live bid even as the holder ranks consolidate around a few large balance sheets. Whether Strive's pace of accumulation continues, and how its income holds up against Bitcoin's volatility, is the open question worth watching.
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