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Crypto US Stocks

Strive Buys 29 BTC, Weekly Purchases Shrink for Second Straight Week

Strive purchased 29 BTC in its latest weekly buy, paying an average of about $75,721 per coin between Oct. 31 and Nov. 6. It marks the second consecutive week the company’s bitcoin buying has declined and the lowest average cost of its last three weekly purchases.

Original source

AI take

The signal here is less the 29 BTC than the direction of travel: a second straight week of smaller purchases, alongside the lowest average cost across the last three buys, suggests Strive is scaling its accumulation rather than maintaining a steady cadence. For a treasury-style buyer, that shift in pace is what matters to observers tracking corporate demand as a marginal source of bitcoin buying. Whether the deceleration reflects deliberate sizing or simply the price environment at the time of purchase is the open question worth watching in the coming weeks.

Generated by AI for reference only.

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