Bitcoin (BTC) purchases total 935 coins; U.S. spot ETFs see net outflows for five consecutive trading day
Original headline비트코인(BTC) 935개 매입…미 현물 ETF 5거래일 순유출
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Strategy ($MSTR) and Strive ($ASST) added a combined 935 BTC to their corporate treasuries, according to separate SEC filings disclosed on the 2nd. Strategy purchased 811 BTC for $65.5 million between October 26 and November 1, funding the buy with proceeds from common stock sales, at an average price of $80,846 per coin including fees. Strive separately acquired 124 BTC over October 24-30. The purchases come as US spot bitcoin ETFs recorded net outflows for five consecutive trading days, highlighting a divergence between corporate treasury accumulation and institutional fund flows. Watch for whether Strategy's equity-funded buying pace continues amid sustained ETF outflows and bitcoin's price holding near the $80,000 level.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Strategy (MicroStrategy) (MSTR), Bitcoin (BTC), Strive, US Spot Bitcoin ETFs
A linked name opens that asset's sentiment page.