Strive, the Nasdaq-listed Bitcoin treasury company, bought another 1,375 BTC last week for $109 million, with CEO Matt Cole saying the purchases were executed between Aug. 31 and Sept. 4 at an average price of $79,281 per coin. The latest buy lifted the company’s holdings to 24,531 BTC, valued at about $1.9 billion at current market prices. Cole said roughly 70% of last week’s fundraising came from SATA, Strive’s Series A floating-rate perpetual preferred stock. The instrument currently carries a 13% annualized dividend and has reached $999 million in outstanding notional value, putting it just shy of the $1 billion mark. Chief Risk Officer Jeff Walton said Strive’s Bitcoin holdings rose 5.9% week over week, from 23,156 BTC to 24,531 BTC, marking a third straight week of gains above 5%. Over the past three weeks, the company’s Bitcoin inventory has climbed from 20,245 BTC, a cumulative increase of 21.1%. The report also said Strive still trails Twenty One Capital by roughly 19,000 BTC, while its treasury now ranks fifth globally among corporate Bitcoin holders, according to Bitcoin Treasuries.

A total of 81,700 Bitcoin options contracts are set to expire on Deribit at 4 p.m. Taiwan time on Aug. 28, with a notional value of about $6.44 billion, equal to 18.9% of the exchange’s Bitcoin open interest. While Deribit Metrics data cited by CoinDesk put the put/call ratio at 0.83, the positioning appears far more lopsided beneath the surface. Based on Deribit real-time data referenced in the report, only 537 out of 37,427 put contracts had strikes above spot, leaving 98.6% of bearish positions without intrinsic value at expiry. On the call side, 30,810 of 43,789 contracts were already in the money, representing 70.4% of the total and $2.431 billion in notional value. Deribit Chief Risk Officer Shaun Fernando said the expiry is worth watching because volatility has jumped sharply in the same week, DVOL is up 30%, and the term structure has shifted from backwardation to contango. He added that gamma hedging could intensify near key strikes, creating either unusual pinning or faster price moves after a breakout.

ChainFeeds’ Aug. 1 research briefing pulled together several notable threads across crypto markets, protocol history, treasury strategy, and wallet design. One featured note, citing Glassnode, said Bitcoin has moved into a "waiting mode" as risk appetite cools, with spot price sitting in the densest part of its on-chain cost basis distribution between $62,000 and $68,000. The report identified $69,000, the short-term holder cost basis, as a key line for any renewed upside. It also argued that by historical bear-market measures, the current downturn still looks relatively shallow. Another item revisited Ethereum 11 years after its genesis block on July 30, 2015, tracing where its eight co-founders are now. Vitalik Buterin remains closely tied to Ethereum, while Joseph Lubin continues building through ConsenSys. Others took different paths, including Charles Hoskinson with Cardano and Gavin Wood with Polkadot, while some founders stepped back from public crypto roles. The briefing also highlighted Strategy’s first quarterly report since STRC sharply broke from its $100 target par value. The company posted $122 million in revenue for the second quarter of 2026, but an $8.22 billion net loss tied largely to unrealized digital asset fair value changes. Management said restoring STRC toward par is now the immediate priority, while keeping its 12% annualized payout rate unchanged and building a larger cash cushion.

Glassnode says Bitcoin is moving through what it describes as the shallowest bear market on record, even as activity across the market has gone quiet. Spot trading volume, measured in BTC rather than dollars, has dropped to its lowest level since 2019, exchange inflows and outflows have both thinned, and U.S. spot ETF flows have faded after a brief mid-July recovery. The report ties that slowdown to macro conditions rather than a clear capitulation event inside crypto. According to Glassnode, the bond market has stopped pricing rate cuts and is leaning toward rate hikes, with the 2-year Treasury yield trading above the federal funds rate since April and the gap widening to its largest since November 2022. At the same time, the 3-month futures basis, used as a proxy for institutional cash-and-carry returns in crypto, has stayed below the 2-year Treasury yield since February. That leaves marginal buyers with more reason to stay in cash than deploy capital into leveraged crypto trades. On-chain, Bitcoin is trading inside its heaviest cost-basis cluster at roughly $62,000 to $68,000, while $69,000 remains the key short-term holder breakeven level. Glassnode’s vector model still reads Risk Off, describing the market not as capitulation but as a tactical pause shaped by weak spot demand, muted ETF participation, and a thinner sell side in the order book.

Strive lifted its SATA preferred dividend to 12.75%, added 179 BTC to bring holdings to about 13,311, and bought $50 million of Strategy’s STRC preferred shares.

Strive Inc. bought 179 BTC, raising total holdings to 13,311 Bitcoin worth ~$930M, overtaking Tesla's 11,509 BTC. The firm also hiked SATA dividend to 12.75% and bought $50M in STRC preferred shares.

Strive Inc. acquires MSTR True North Inc. in a de minimis cash deal, integrating its profitable bitcoin treasury and media operations, appointing founder Jeff Walton as CEO, and accelerating digital capital market expansion.

Amazon founder Jeff Bezos said the U.S. economy is slowing and a recession is likely imminent. He urged consumers to delay big purchases and businesses to hold cash, warning: 'Hope for the best, prepare for the worst.'