Strive and Strategy buy 1,490 Bitcoin as market recovers

Strive and Strategy (formerly MicroStrategy) announced fresh Bitcoin purchases totaling 1,490 BTC on October 19 as the cryptocurrency recovered from a brief fall below $80,000. Strive acquired 1,223 BTC, bringing its total holdings to 36,818 BTC, while Strategy purchased 267 BTC for $22.1 million, raising its total to 848,517 BTC. The purchases signal continued corporate accumulation during market weakness, even as US spot Bitcoin ETFs recorded $228 million in net outflows last week.