Strive loads up on $335M in Bitcoin ahead of its SATS IPO settlement

Strive buys $335M in Bitcoin ahead of stock offering, BTC rebounds above $81K, Strategy adds 267 BTC, and Anthropic commits 5% of shares to public benefit fund.

Editorial Team

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Updated 1:24 p.m. ET

Crypto markets started the week higher as corporate treasuries expanded their holdings.

Strive bought $335 million in Bitcoin ahead of its $630 million preferred stock offering closing.

Bitcoin rebounded above $82,000 alongside technology stocks.

Strategy added 267 BTC, while Bitmine bought 12,535 ETH as Tom Lee predicted outperformance in the next bull market.

Meanwhile, Anthropic announced plans to commit 5% of its shares to a new public benefit fund.

Strive is now the fourth-largest corporate Bitcoin holder on the planet

Strive's stash has reached 36,818 BTC after scooping up 4,045 coins last week.

The purchases came just ahead of its SATS IPO proceeds settlement, a liquidity event worth watching.

With four companies now holding five-figure Bitcoin reserves, corporate treasuries are reshaping who moves this market.

Get the full story →

Markets

Risk assets bounce as China GDP surprise lifts sentiment

Stocks rebounded from last week's carnage, led by AI and semiconductor names gaining 4% to 7%.

China's stronger-than-expected 4.5% third-quarter GDP growth added fuel to the risk-on mood.

Bitcoin briefly touched $83K before drifting lower, mirroring a late fade across all major tokens.

BTC traded near $82K, ETH held above $2,400, SOL climbed past $104, and XRP edged toward $1.30.

Keep reading →

Strategy adds another 267 Bitcoin, pushing its total past 848K BTC

Strategy spent $22M last week on Bitcoin, bringing its holdings to roughly $70B.

It funded the buy by selling shares of MSTR common stock while also repurchasing $193M in STRC shares.

When your Bitcoin treasury is worth more than most companies, every small addition still sends a signal.

Read the full breakdown →

Bitmine buys 12,535 ETH as Tom Lee says company is positioned to outperform in next bull market

Bitmine Immersion Technologies now owns 4.9% of all Ethereum ever created.

The company's total crypto and cash holdings sit at $15B, accumulated in just 15 months.

Fundstrat's Tom Lee expects Bitmine to outperform in what he calls the largest crypto cycle yet.

Read the full breakdown →

Anthropic commits 5% of its shares to cushion AI job losses

The Claude maker is earmarking equity for a new public benefit fund focused on worker displacement.

The pledge could grow to 7% of shares pending stockholder approval.

It's a rare admission from an AI giant that the technology it builds might actually hurt people.

Read the full breakdown →

On Our Radar

Micro-transactions are back: stablecoins and low-fee networks are making three-dollar payments finally viable.*

Crypto goes mainstream in Eastern Europe: Bulgarian bank Postbank launching digital asset trading by early 2027

Ethereum downside fears grow: Traders seek downside protection as Ether's volatility rises.

*sponsored

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7 AI Stocks to Own Before the Next Rally

The next AI rally may reward more than the stocks already dominating headlines.

This free report highlights seven publicly traded companies investors can buy today, each selected for its exposure to the technologies driving AI growth.

See which names could gain attention when money begins flowing back into the sector.

See the 7 stocks

Meme of the Day

Catch you in the next one.

Estéfano

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."

Strive loads up on $335M in Bitcoin ahead of its SATS IPO settlement

Strive buys $335M in Bitcoin ahead of stock offering, BTC rebounds above $81K, Strategy adds 267 BTC, and Anthropic commits 5% of shares to public benefit fund.

by Editorial Team | Powered by Gloria

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Crypto markets started the week higher as corporate treasuries expanded their holdings.

Strive bought $335 million in Bitcoin ahead of its $630 million preferred stock offering closing.

Bitcoin rebounded above $82,000 alongside technology stocks.

Strategy added 267 BTC, while Bitmine bought 12,535 ETH as Tom Lee predicted outperformance in the next bull market.

Meanwhile, Anthropic announced plans to commit 5% of its shares to a new public benefit fund.

Strive is now the fourth-largest corporate Bitcoin holder on the planet

Strive's stash has reached 36,818 BTC after scooping up 4,045 coins last week.

The purchases came just ahead of its SATS IPO proceeds settlement, a liquidity event worth watching.

With four companies now holding five-figure Bitcoin reserves, corporate treasuries are reshaping who moves this market.

Get the full story →

Markets

Risk assets bounce as China GDP surprise lifts sentiment

Stocks rebounded from last week's carnage, led by AI and semiconductor names gaining 4% to 7%.

China's stronger-than-expected 4.5% third-quarter GDP growth added fuel to the risk-on mood.

Bitcoin briefly touched $83K before drifting lower, mirroring a late fade across all major tokens.

BTC traded near $82K, ETH held above $2,400, SOL climbed past $104, and XRP edged toward $1.30.

Keep reading →

Strategy adds another 267 Bitcoin, pushing its total past 848K BTC

Strategy spent $22M last week on Bitcoin, bringing its holdings to roughly $70B.

It funded the buy by selling shares of MSTR common stock while also repurchasing $193M in STRC shares.

When your Bitcoin treasury is worth more than most companies, every small addition still sends a signal.

Read the full breakdown →

Bitmine buys 12,535 ETH as Tom Lee says company is positioned to outperform in next bull market

Bitmine Immersion Technologies now owns 4.9% of all Ethereum ever created.

The company's total crypto and cash holdings sit at $15B, accumulated in just 15 months.

Fundstrat's Tom Lee expects Bitmine to outperform in what he calls the largest crypto cycle yet.

Read the full breakdown →

Anthropic commits 5% of its shares to cushion AI job losses

The Claude maker is earmarking equity for a new public benefit fund focused on worker displacement.

The pledge could grow to 7% of shares pending stockholder approval.

It's a rare admission from an AI giant that the technology it builds might actually hurt people.

Read the full breakdown →

On Our Radar

Micro-transactions are back: stablecoins and low-fee networks are making three-dollar payments finally viable.*

Crypto goes mainstream in Eastern Europe: Bulgarian bank Postbank launching digital asset trading by early 2027

Ethereum downside fears grow: Traders seek downside protection as Ether's volatility rises.

*sponsored

ICYMI

7 AI Stocks to Own Before the Next Rally

The next AI rally may reward more than the stocks already dominating headlines.

This free report highlights seven publicly traded companies investors can buy today, each selected for its exposure to the technologies driving AI growth.

See which names could gain attention when money begins flowing back into the sector.

See the 7 stocks

Meme of the Day

Catch you in the next one.

Estéfano

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."