Strive Expands Bitcoin Holdings with New Purchase
- Strive acquired an additional 1,355 BTC at an average price of $79,475 per coin.
- The company’s total corporate Bitcoin treasury increased from 25,000 BTC to 26,355 BTC.
- This purchase is part of Strive’s own balance sheet and not related to third-party fund assets.
- The acquisition was disclosed in a September SEC filing.
Strive has significantly increased its direct exposure to Bitcoin by adding another substantial amount to its corporate treasury. This move highlights the company’s ongoing strategy to enhance its Bitcoin holdings amidst a competitive market for corporate cryptocurrency accumulation.
With the latest addition, Strive’s treasury now holds a total of 26,355 BTC, reinforcing its position as one of the active public-company Bitcoin accumulators in the current market environment.