Strive is climbing the bitcoin treasury ranks with another big buy. Another corporate balance sheet converting cash into $BTC is the signal here, not the single purchase. The treasury bid remains a st

What happened: Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30, bringing its total to 43,124 BTC and keeping it fourth among public company holders. Key numbers: 124 BTC bought at an average of $80,526 each; holdings worth roughly $3.3 billion; average cost of $87,785 per coin; cash fell from $504.4 million to $490.4 million; 390 BTC Why it matters: Most of the buy came from existing cash, and Strive used its new SATS preferred stock program for the first time. At last week's pace it would pass Twenty One in four weeks and Metaplanet in eight if neither buys more. Coverage: 3 outlets in 24h

Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30, bringing its total to 43,124 BTC and keeping it fourth among public company holders.

Most of the buy came from existing cash, and Strive used its new SATS preferred stock program for the first time. At last week's pace it would pass Twenty One in four weeks and Metaplanet in eight if neither buys more.