[Morning News Briefing] Strive Purchases 15,124 Bitcoins in October, et al.
Original headline[모닝 뉴스브리핑] 스트라이브, 10월 비트코인 1만5124개 매입 外
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Strive disclosed in a 10-Q filed with the SEC that it bought 15,124 bitcoin in October, bringing its holdings to 43,124 BTC as of October 30, and reported third-quarter net income of $509 million. Separately, AMBCrypto reported that bitcoin has fallen below the TMM metric estimating active investors' average acquisition cost, while U.S. spot bitcoin ETFs recorded roughly $1 billion in net outflows over the two weeks to November 2. The purchases underscore continued corporate treasury accumulation even as ETF flows turn negative and bitcoin trades under a key cost-basis gauge.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Strive, Bitcoin (BTC), SEC, AMBCrypto, US Senate
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