Strive Advances Toward Second-Largest Public Bitcoin Holder Status
Strive's recent $10 million bitcoin purchase strengthens its position among major institutional holders.
Strive's recent $10 million bitcoin purchase strengthens its position among major institutional holders. Bitcoin (BTC) is trading at ₹73,52,064 ($77,323.00), down 0.5% since this brief published. This is an original Token Times brief based on reporting by The Block, with live market data added, as of Mon, 02 Nov 2026 16:30:01 UTC.
This development highlights growing institutional adoption of bitcoin as a reserve asset, with Strive's continued accumulation potentially influencing market sentiment and investment trends.
- Strive purchased 124 BTC for ~$10 million, increasing its holdings.
- The company is closing in on Strategy for second-largest public bitcoin holder.
- Bitcoin's market cap remains above $1.5 trillion despite recent price dip.
- Strive Makes Largest Bitcoin Purchase Ever, Acquires 6,182 BTC
- Strive Advances Toward Second-Largest Public Bitcoin Holder Status — this brief
Strive has further solidified its position among major institutional bitcoin holders with a recent purchase of 124 BTC, valued at approximately $10 million at current prices.
This acquisition brings Strive closer to overtaking Strategy for the title of the second-largest public company holder of bitcoin, although the exact gap between their holdings remains unclear.
The purchase comes amid a period of relative price stability for bitcoin, which is currently trading at $77,748, representing a 0.32% decrease over the past 24 hours.
The broader cryptocurrency market remains flat, with a total market cap of $2.68 trillion, while the Fear & Greed Index stands at 37, indicating a 'Fear' sentiment among investors.
Strive's continued accumulation of bitcoin reflects a broader trend of institutional adoption, which could have significant implications for market dynamics and investor sentiment.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹73,92,473.74$77,748.00 to ₹73,52,063.68$77,323.00 — -0.55%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $80,000 in November?
Crowd-implied probability on Polymarket, ₹30.88M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 2 15:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.06M (about $77,323.00), down 0.9% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Strive Advances Toward Second-Largest Public Bitcoin Holder — questions & answers
How much bitcoin did Strive purchase?
Strive bought 124 BTC for approximately $10 million.
Who is the current second-largest public bitcoin holder?
Strategy currently holds the position of second-largest public bitcoin holder.
What is the current price of bitcoin?
Bitcoin is trading at $77,748 as of the latest data.
How much is 1 Bitcoin worth in rupee today?
About ₹8.06M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,323.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.55% since this brief first published — trading at ₹73,52,064 ($77,323.00) now versus ₹73,92,474 ($77,748.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Block. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.