Strive: Buys $109M Bitcoin, Stock Nears $1B

Strive acquired $109 million in Bitcoin, advancing its preferred stock toward the $1 billion mark according to Decrypt Media.

Price action on the 4h chart shows BTC at $78665.69 inside the Bollinger Bands with the upper resistance at $80513.57 and lower support at $78301.95. The EMA50 at $78986.24 caps upside while the EMA200 at $73863.74 anchors the longer-term floor. MACD at -196.58 confirms the death cross and bearish momentum even as RSI at 43.35 stays neutral, suggesting a pullback toward the 50-EMA before any continuation. Institutional flows like this Strive purchase often coincide with BTC price prediction shifts and crypto market crash hedging strategies that traders monitor closely.