Strive Acquires 1,800 BTC for $143 Million
- Strive purchased the Bitcoin at an average price of $79,431 per BTC.
- The acquisition increased Strive’s total holdings to exactly 23,156 BTC.
- The firm reported the transaction in an SEC filing while Bitcoin was near $78,000.
- This purchase positions Strive as the fifth-largest publicly traded corporate holder of BTC.
- Separately, Strategy acquired 4,603 BTC at an average price of $80,318 per BTC for a total of $370 million.
Strive’s latest acquisition reflects its commitment to accumulating Bitcoin amid current market conditions. The firm aims to bolster its position in the cryptocurrency space while maintaining a significant treasury reserve. Strategy continues to lead as the largest corporate holder of Bitcoin globally.
With this recent purchase, Strive has solidified its strategy of aggressive accumulation in a fluctuating market environment. The firm’s total Bitcoin holdings now have a market value of approximately $1.76 billion. (Source)
