Strive Buys More Bitcoin as Strategy Shifts Focus to Own Stock

Strategy, the largest corporate holder of Bitcoin, has remained quiet on new purchases since acquiring 4,603 BTC in September. The company's focus has shifted to repurchasing its own stock (STRC), spending a total of $139 million.

This move comes as Strategy's USD reserve has decreased slightly to $6.4 billion. STRC's price has recovered substantially from its lows, currently sitting at over $98.5.

In contrast, Strive continues to accumulate Bitcoin, adding 469 BTC to its stash for $36.6 million at an average cost of $77,954 per unit. This brings their total holdings to 25,000 BTC.