Bitcoin protocol, mining, custody, adoption and market infrastructure.
The Tokyo-listed company converted part of its Bitcoin treasury into cash before rebuilding the position at a higher average price. The exercise supports its pursuit of a credit rating but does not establish that a rating or cheaper financing will follow.
The company reported holding approximately 168 BTC on October 2, with about 138 BTC pledged under a convertible-note facility. Equity issuance and secured borrowing have expanded the treasury while leaving common shareholders exposed to leverage, dilution and collateral claims.
Bitcoin surrendered Friday’s push above $87,000 by early Saturday even as weak U.S. hiring data reduced near-term rate-hike expectations. The reversal leaves a mixed macro signal: softer yields can support risk assets, but weaker employment can also raise concerns about growth.
The company says investors delivered 3,170 BTC to its Singapore subsidiary in exchange for 51.6 million shares and an equal number of warrants. The closing supports its Nasdaq compliance claim, but continued compliance remains subject to monitoring.
Bitcoin advanced before the U.S. jobs report while spot funds recorded a $102.7 million net inflow for October 1. The fund result was highly concentrated: excluding BlackRock’s IBIT, the group remained in net redemptions.
U.S. spot bitcoin products moved into net redemptions on September 30 after attracting approximately $3.08 billion over nine trading sessions. Most of the reversal came from Fidelity’s FBTC, limiting the evidence for a market-wide withdrawal.
The exchange has started a phased reopening after unauthorized transfers from hot and warm wallets. Independent on-chain analysis supports the broad theft account but leaves Bitget’s internal root-cause and solvency claims unverified.
The semiconductor company completed the unwind of a balance-sheet strategy that held 1,514 BTC at the end of March. Its filing does not disclose the final sale’s execution dates, price, proceeds or counterparties.
Bitcoin surrendered part of its short-squeeze rally as the official 10-year Treasury yield rose 15 basis points to 5.11%. The synchronized moves show a changed rate backdrop, not proof that bonds caused every crypto trade.
U.S. spot bitcoin products returned to positive net flows for the year after six consecutive sessions brought in about $2.84 billion. Nearly half of that intake went to BlackRock’s IBIT, while daily inflows slowed sharply through September 24.
Bitcoin returned to its highest level since January while short positions dominated a rolling 24-hour liquidation wave. Open interest rose 7.59% during the same snapshot, showing that leverage was rebuilding rather than simply leaving the market.
Strive’s reported bitcoin balance grew 5.42% from September 11 through September 18, while its effective common-share count rose 2.14%. The retrospective comparison shows improving bitcoin-per-share ratios for that window, subject to warrant and preferred-stock limitations.