Strive’s bitcoin buying spree earns 27% price target hike from TD Cowen
What this rests on
Summary in preparation.
Market reaction
+0.29 %
before publication
+0.13 %
after
$81,577price at publication
10series points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
The Block
scoop
Oct 16 20:22
Breaks the event
Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.0 years ago | BTC a 1.152e+05 $ high | today it sits -29.1 % from there |
| 4 months ago | BTC a 5.857e+04 $ low | today it sits +39.5 % from there |
From what we have stored, starting 1.0 years ago.
What could happen next
What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.
2 %
+1 pts
Kalshi · $4,415,187 of open interest · resolves on Jan 1, 2027
0 %
no series
Kalshi · $1,148,516 of open interest · resolves on Oct 2, 2026
0 %
no series
Kalshi · $1,135,683 of open interest · resolves on Oct 6, 2026
1 %
no series
Kalshi · $1,022,099 of open interest · resolves on Oct 1, 2026