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Crypto

Asset manager Strive buys an additional 4,045 bitcoins, keeps buying with share funding

Asset manager Strive bought 4,045 bitcoins last week for about $335 million, lifting its total holdings to 36,818 BTC. It said it purchased the coins at an average $82,803 each from Oct. 12 to 16, including fees and expenses. The firm raised about $369 million through warrant exercises and issued 13.7 million common shares. Strive also announced a preferred share offering and its shares rose intraday.

Crypto

FTX-backed SWI Group to sell last three bitcoin mining sites in Kazakhstan, shift to AI infrastructure

Three remaining bitcoin mining sites in Kazakhstan operated by Genesis Digital Assets have been put up for sale. SWI Group, which controls Genesis Digital, is winding down Kazakhstan mining assets and shifting its focus to AI data centres. The Euronext Amsterdam-listed company raised 800 million euros and was valued at 6.1 billion euros. It said it will invest funds in power infrastructure and computing facilities in the United States and Sweden.

Crypto

Trump buys more Strategy shares, discloses up to $100,000 July purchase

U.S. President Donald Trump disclosed he bought $50,001 to $100,000 worth of Strategy shares on July 27, according to a filing submitted to the U.S. Office of Government Ethics. The disclosure also showed an additional purchase of $1,001 to $15,000 three days earlier, as well as other trades including buying Coinbase shares and selling Mara Holdings and CleanSpark. The filing listed only transaction ranges, not share counts.