Update
Strive Asset Management Buys Bitcoin
Strive Asset Management, run by Matthew Cole, has purchased 3,311 BTC for approximately $280 million between October 5 and 9. This purchase marks the largest single Bitcoin purchase by Strive since January, and it has outbid Strategy, which bought 250 BTC for about $21.5 million during the same period. Strategy's buying has decreased for two consecutive weeks, spending nearly nine times more buying back its own preferred shares ($192 million) than on Bitcoin. Strive plans to sell 5 million shares of a new preferred at $100 each, raising $500 million and using the proceeds for more Bitcoin purchases.