Strive’s Bitcoin Accumulation Surges, Now Fifth-Biggest Holder
- Strive acquired 1,800 Bitcoin for approximately $143 million between Aug. 24 and Aug. 28.
- The average purchase price was $79,431 per BTC, including fees.
- This acquisition increased Strive’s total holdings to 23,156 BTC, up from the previous week’s total of 21,356 BTC.
- Strive’s Bitcoin holdings rose by about 8.4% in just five business days.
- The company surpassed Bullish to become the fifth-largest publicly traded corporate holder of Bitcoin.
Strive’s recent purchases align with a broader recovery in the Bitcoin market that began on Aug.19, following US Treasury announcements aimed at stabilizing long-term bond buybacks.
With this latest acquisition of Bitcoin, Strive has solidified its position as a major player in corporate cryptocurrency holdings, now owning over $143 million worth of Bitcoin in just one week.(Source)
