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Strategy (MSTR) Adds 811 Bitcoin, Strive (ASST) Follows Suit With 124 as Both Keep Stacking

Strategy bought 811 bitcoin for $65.5 million and Strive added 124 BTC last week, with the two firms together adding 935 coins and Strategy now holding 849,327 BTC.

Dextape brief

By Dextape Desk ·

Strategy disclosed in an 8-K filing on Monday that it bought 811 bitcoin in the week to November 1 for roughly $65.5 million, an average near $80,846 per coin. Holdings now total 849,327 BTC. This round was funded by selling about 1.18 million MSTR common shares for roughly $164 million, with $65.5 million moved into bitcoin, $98.5 million kept in cash, and around $208 million spent repurchasing STRC preferred shares. Strive, led by Matt Cole, added 124 BTC in the week ending October 30, reaching 43,124 coins. Strategy also reported $19.5 billion in third-quarter net income, largely a non-cash gain under fair-value accounting. Binance estimates a $6.3 billion breach on October 29, with about $3 billion of the stolen funds frozen.

Why it matters: The filings show large corporate holders still adding bitcoin while a major exchange breach weighs on the wider market backdrop.

Mentioned: Bitcoin, Binance

Summary by Dextape, based on reporting by Bitcoin Magazine. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.

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The Dextape Desk signs Dextape's own work: briefs on wire stories, the daily market report and desk analysis. Briefs are written by an AI model from the publisher's article text and checked automatically for copied wording, unsupported figures and investment advice before they appear. AI drafts from the editorial desk need corroborating sources and an editor's review before release.

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