important notes
- After its Nasdaq debut last Friday, Strive bought 1,567 BTC at an average price of $103,315, bringing its total holdings to 7,525 BTC.
- This strategy added 487 BTC worth $49.9 million, bringing the total holdings to now 641,692 BTC worth $47.54 billion.
- Technical indicators indicate a 63% breakout probability if BTC rises above the $106,000 resistance and could move higher towards $111,584.
Bitcoin
BTC
105 541 dollars
24 hour volatility:
1.1%
Market capitalization:
$2.11 trillion
Vol. 24 hours:
$7.257 billion
The stock soared above $105,000 as investors regained confidence due to the U.S. government’s decision to temporarily shut down, expectations for a Fed interest rate cut, and increased capital inflows from institutional investors. Among the latest entrants, Vivek Ramaswamy-backed Strive confirmed a $162 million strategic Bitcoin purchase.
In an official post on X (formerly Twitter), Strive revealed that it acquired 1,567 BTC at an average price of $103,315, bringing its total Bitcoin holdings to 7,525 BTC.
Effort update:
1. SATA was listed on Nasdaq following oversubscription and a large IPO.
2. Strive acquired 1,567 BTC for approximately $162 million, or approximately $103,315 per Bitcoin. As of 25/11/10, I hold 7,525 Bitcoins.
3. New $ASST & $SATA Investor presentation has been released.
4. $SATA Expected dividend is ROC…
— Strive (@strive) November 10, 2025
The company’s aggressive Bitcoin accumulation follows Friday’s oversubscribed IPO and coincides with its Nasdaq-listed SATA stock debut. Strive also confirmed that future dividend distributions will be classified as return on capital (ROC). ROC is a preferred structure among institutional crypto investors due to its tax efficiency.
Official filings revealed that founder Vivek Ramaswamy purchased 15,625 SATA shares in Strive, increasing his direct and indirect holdings to 142.3 million, including those held through the Ramaswami 2021 Irrevocable Trust.
Strive’s financial backing includes several prominent billionaires, including Peter Thiel, J.D. Vance, and Bill Ackman, and their nominal participation strengthens institutional confidence in Bitcoin.
Adding to the bullish sentiment, Michael Saylor-led Strategy announced the purchase of an additional 487 BTC worth $49.9 million at an average price of $102,557. Strategy’s assets currently total 641,692 BTC (approximately $47.54 billion worth), with an average purchase price of $74,079 and an annual net yield of 26.1%.
Bitcoin Price Prediction: Can BTC sustain above $105,000 as institutional purchases surge?
Bitcoin is currently trading at $105,048, up 2.4% during the day, supported by increased institutional exposure and improving macro liquidity expectations. Technical indicators on the 12-hour chart suggest a breakout probability of 63%, supporting the case for sustained upward momentum.
BTC price is currently anchored near the middle band, showing solid strength with an upward bias. A definitive close above $106,000 could accelerate the rally toward the upper band target of $111,584.
Bitcoin (BTC) price prediction |Source: TradingView
Momentum indicators also support bullish settings. The MACD histogram shows a fading red bar as the MACD line (-2,472) and signal line (-2,210) converge to indicate a bullish crossover. Bitcoin volume delta also trended positive at +595BTC, confirming new capital inflows supporting the intraday rally. If this trend continues, Bitcoin price could establish a new short-term benchmark above $104,000, paving the way for a retest of $112,000 in the coming sessions.
However, a downside nullification occurs if BTC closes below $98,300, near the lower end of the Bollinger Band.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information but should not be taken as financial or investment advice. Market conditions can change rapidly, so we recommend that you verify the information yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background supporting various Web3 startups and financial institutions. He holds a Bachelor’s degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger Technology at the University of Malta.
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