Two crypto giants are making moves: Strategy and Strive are ramping up their Bitcoin purchases

Strategy and Strive are increasing their Bitcoin purchases amid the market correction, taking advantage of the drop to accumulate assets and strengthen their positions in the cryptocurrency. 

The cryptocurrency market is undergoing a significant correction, but amidst this turbulence, two major institutional players are aggressively increasing their Bitcoin purchases. The leading cryptocurrency, having lost key support levels and trading near $100.000 per unit, has triggered massive sell-offs exceeding $2.000 billion in leveraged positions in the last 24 hours, according to Coinglass data. 

However, while many investors choose to reduce their exposure or are forced out of the market due to liquidations, Strategy and Strive take advantage of volatility to strengthen their positions through constant and calculated accumulation. 

New operations to buy more Bitcoin

In the case of Strategy, the largest institutional investor in Bitcoin, the company recently announced that it plans to launch an initial public offering (IPO) on the US stock exchange, issuing shares under the symbol STRE, but denominated in euros, with the intention of increasing its Bitcoin reserve, which already exceeds 641.200 BTC. 

In a parallel statement, Strive Asset Management said that will issue 1,25 million preferred sharesdesigned to provide cash dividends to investors, with the aim of strengthening their Bitcoin portfolio, which currently has 5.950 BTC, with the revenue generated from said issuance.

In the current market environment, the institutional optimism of Strategy and Strive contrasts sharply with the caution of many smaller investors. While the market is undergoing a period of adjustment, these large institutions remain steadfast in their confidence in Bitcoin's long-term value, a move that reaffirms their commitment to the cryptocurrency and reinforces the widespread perception of Bitcoin's potential in the global financial future.

Strategy strengthens its Bitcoin leadership with new issuance and multi-million dollar purchases

Strategy, under the leadership of Michael Saylor, has distinguished itself as one of the leading corporate players in Bitcoin accumulation. The company has pursued a consistent strategy of regular purchases to increase its reserves of this cryptocurrency. In October alone, the firm acquired approximately 780 BTC, investing close to $85 million, reflecting its strong commitment to growing its Bitcoin position.

Following this approach, Strategy launched a new issue of 3,5 million preferred shares this week, known under the ticker symbol STREEwith a fixed annual dividend of 10%. The funds obtained through this issue will be primarily allocated to the Buy more BitcoinThis move strengthens both its reserves and working capital. With this strategy, the firm aims to solidify its digital treasury model and consolidate its leadership in the crypto space.

Meanwhile, Strategy broad their financial strategy when presenting a European version of these preferred sharesIt also offers a 10% return, facilitating capital raising in different markets and currencies. With this, Strategy also demonstrates a clear commitment to diversifying its funding sources to sustain its growth.

Currently, the company holds a total of 641.205 BTCThis figure represents approximately 3% of Bitcoin's total maximum supply of 21 million units. So far in November, the company has already added 397 BTC to its reserves, reaffirming its position as the largest corporate holder of Bitcoin in the world.

Strive seeks to increase its investment in Bitcoin and consolidate its position as an institutional leader

Strive, following a major merger in September, has become the first publicly traded company dedicated exclusively to managing a Bitcoin treasuryNow, the company is strengthening its cryptocurrency-centric strategy through a new preferred stock offering. The offering, called Series A Variable Rate Perpetual Preferred Stock (SATA)It promises investors cash dividends with an attractive initial yield of 12% per annum, payable monthly.

Strive plans to issue 1,25 million of these shares to raise funds that will be used to increase its investment in Bitcoin and expand its presence in the digital ecosystem. Currently, the company owns 5.958 bitcoins, valued at around $605 million. This new issuance seeks to increase that position, consolidating Strive as one of the leading institutional investors in the most recognized cryptocurrency.

On the other hand, part of the capital raised in this new share issuance will be used to invest in income-generating assets, cover operating expenses, and carry out buybacks of common stock, the company explained. This strategy demonstrates how Strive views Bitcoin not only as a digital asset but also as a key financial resource for the future. 

In summary, Strive's strategy reinforces its goal of expanding its exposure in the cryptocurrency market, firmly betting on the potential of this technology. 

Bitcoin remains the favorite asset of major investors

The recent surge in Bitcoin purchases by Strategy and Strive, right in the middle of a widespread market correction, offers a new perspective on the current landscape. 

While many players are selling their holdings, driven by uncertainty and the slowdown, these institutions are betting on strengthening their position in the leading cryptocurrency. Their approach is based on a long-term vision and backed by robust financial mechanisms, which can be key to positively influencing the evolution of the digital asset market.

Analysts interpret this institutional attitude as a clear sign of strategic trustDespite the volatility and fluctuations that characterize cryptocurrencies, Bitcoin continues to consolidate itself as a fundamental pillar within the digital ecosystem and an asset with key appeal in the global financial context.