Strive Buys 32 Bitcoin At $63,900 Average, Bringing Total Holdings To 19,032 BTC

Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.

The purchase brings Strive’s total bitcoin holdings from 19,000 BTC to 19,032 BTC, a position the Dallas-based company reached after a string of transactions over recent months.

Ironically, Strive purchased exactly 32 bitcoin this week — the same number Strategy offloaded two weeks ago in its first bitcoin sale in years.

The acquisition comes at a price…

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Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC For $101 Million

Strategy (MSTR) returned to the bitcoin market this week, purchasing 1,550 BTC for approximately $101 million — its first acquisition since a controversial sale of 32 bitcoin drew scrutiny from investors and analysts. The company disclosed the purchase in an 8-K filing with the Securities and Exchange Commission on Monday morning.

Executive Chairman Michael Saylor confirmed the buy on social media, stating that Strategy’s total bitcoin reserve now stands at 845,256 BTC, acquired for just under $64 billion at an average price of $75,680 per coin. The latest tranche was purchased at an average of $65,332 per bitcoin — roughly $10,000 below the firm’s cost basis, meaning the…

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Tom Lee Isn’t Buying The Idea That What’s Not Working Now Will Never Work—And He Has Receipts – Grayscale

Prominent macro strategist Tom Lee once took objection to what he viewed as a popular perception that if something isn’t working now, it will never work in the future.

Lee’s Pitches That Have Faced Pushback

During an interview aired Oct. 3, Lee was asked which of his ideas he believes are being “overlooked” by investors and still haven’t caught on.

The Head of Research at Fundstrat replied that Bitcoin (CRYPTO: BTC) has consistently received the most pushback.

Lee pointed out that the leading cryptocurrency has risen from $1,000 to $72,000 in just eight years, but people still tell him, “Bitcoin doesn’t do anything.”

Lee Objects To Small-Cap Pessimism

The other area where he faced…

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Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout

Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022.

Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend.

Notable Statistics:

Coinglass data shows 310,873 traders were liquidated in the past 24 hours for $1.56 billion.       

SoSoValue data shows net inflows of $3.05 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $19.3 million.

In the past 24 hours, top losers include Zcash, Internet Computer and Polygon.

Notable Developments:

Trader Notes:

Economist Peter Schiff noted Bitcoin briefly fell below $60,000,…

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Money Is Flowing into AI Stocks While Bitcoin Liquidates

In light of these developments, a crucial question arises: is this a temporary event, or is the financial market undergoing restructuring?

How Bitcoin Established Itself As A Dominant Asset

Bitcoin has evolved from a digital curiosity to an asset recognized by portfolio managers, who now recommend it for inclusion in investment portfolios. It has paved the way for increased corporate interest in cryptocurrency.

​Although volatility and regulation present challenges, Bitcoin remains attractive due to its history and key milestones.

​Bitcoin’s supply cap of 21 million units creates scarcity. Its decentralized protocol allows investors to trust the system. Many countries have improved…

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XRP Plummets 17% In 1 Week Despite New Ripple Expansion: What Is Going On?

XRP (CRYPTO: XRP) dropped 7% on Friday, capping a 17% weekly loss as the token tests the critical $1 to $1.20 historical support zone that triggered the February recovery.

RSI At 18 Is The Most Oversold Reading In Two Years

XRP is now in capitulation territory with RSI at 18.79, the lowest reading on the entire two-year chart, sitting below both previous oversold signals that each produced substantial recoveries. 

The full EMA stack sits bearishly overhead with the nearest moving average, the 20 EMA, at $1.2900, more than $0.20 above current price. 

The descending trendline from August 2025’s $3.60 peak continues to reject every rally attempt.

Despite the brutal price action, June 4…

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‘Saylor Better Lawyer Up Fast,’ Peter Schiff Says: Retirees ‘May Have to Come Out of Retirement’ – Strate

STRC Broke Its 10-Month Rising Trendline As Bitcoin Bleeds

“Saylor better lawyer up fast,” Schiff half-jokingly wrote on X.

Meanwhile, STRC has violated the rising trendline that held from August 2025’s $81 lows through nearly 10 months of higher highs. 

Grayscale Head of Research Zach Pandl argued in a Thursday note that STRC trading below $100 creates a compounding problem. 

Strategy must raise its dividend rate to attract buyers back to par, but higher dividend obligations increase cash flow pressure, potentially forcing more Bitcoin sales, which pushes Bitcoin lower and sends STRC further below par.

“Strategy’s levered business model is under pressure, and this has increased…

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Why Is CleanSpark Stock Falling Friday? – Cleanspark (NASDAQ:CLSK)

The Nasdaq is down 1.65% while the S&P 500 has shed 0.77%.

Bitcoin Downturn Presses High-Beta MinersInstitutional Backing Limits Downside Velocity

The downward momentum stands in stark contrast to positive catalysts, which noted institutional accumulation.

Recent 13F regulatory filings revealed that hedge fund Situational Awareness LP sharply boosted its stake in CleanSpark. The fund expanded its position to 12.28 million shares from 1.64 million shares held at the end of 2025—a 7.48-fold increase.

This aggressive institutional acquisition lifted the fund’s portfolio weight in the company to 0.76% from 0.3%, driving the total position value to $104.5 million.

Operational Execution Shifts… Read more on Benzinga

The Hyperinflation Of 1971 At The Kindergarten

I’m pretty sure it was 1971, but it could have been 1972. In any case, it was in kindergarten, and I was five years old. Our teachers had set up a system to motivate us kids to behave well. They had hung a big board on the wall, with all of our names listed. If you were particularly well-behaved, kind, helpful, or polite, they drew a black dot next to your name. Misbehave, and they gave you a red one. It was all about following the kindergarten rules, and the absolute transparency of it motivated most of us to try our best.

At some point, an extra prize was introduced for exceptionally good behavior: a small piece of fabric. From the group’s standpoint, that was worth much more…

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