Morning Minute: Move Over, Saylor, There’s a New Top Buyer in Town

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Strive Asset Management, Vivek Ramanathan’s company, purchased 3,311 BTC for approximately $280 million between October 5 and 9, thirteen times more than Michael Saylor’s Strategy which bought just 250 BTC during the same period. Strive bought at an average of approximately $84,500 per bitcoin and now holds 32,773 BTC worth roughly $2.73 billion. Strategy still leads by a wide margin with 848,250 BTC, representing approximately $51 billion, more than 25 times Strive’s stack. This week marks a turning point: for the first time, the title of biggest buyer and biggest holder no longer belong to the same entity. Bitcoin ETFs saw $175 million in net inflows and Ethereum ETFs $25 million, breaking a 10-day outflow streak.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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