Strive Adds 6,182 Bitcoin as Public Companies Buy $510 Million

Strive bought 6,182 Bitcoin (BTC) last week in a roughly $510 million purchase, as public companies' combined weekly net buying reached about the same amount through 8 a.m. ET Oct. 26. The combined total rose 42.5% from two weeks earlier. Strive announced the purchase on Oct. 26, putting its holdings at about 43,000 BTC. It paid $82,732 per coin. The Smarter Web Company, a British Bitcoin treasury company, bought 20 BTC for $1.65 million on Oct. 23 at $82,286 per coin, bringing its holdings to 2,850 BTC. French fabless semiconductor company Sequans Communications held 1,018 BTC as of Oct. 23. Neither Strategy nor Japan-listed Metaplanet bought Bitcoin last week.

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