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Strive buys $335M Bitcoin ahead of SATS IPO settlement
Strive added $335 million worth of Bitcoin, bringing its total to 36,818 BTC and making it the fourth‑largest corporate Bitcoin holder. The purchase came before the settlement of its $630 million preferred‑stock IPO. Strategy increased its holdings by 267 BTC, spending $22 million, while Bitmine Immersion Technologies bought 12,535 ETH, now owning 4.9% of all Ethereum. Anthropic announced plans to allocate 5% of its shares to a public‑benefit fund for AI‑related job displacement. Risk assets rose as China reported 4.5% Q3 GDP growth, pushing Bitcoin briefly above $83 k before settling near $82 k.