Strive’s Record Bitcoin Purchase Amid Market Dip
- Strive acquired Bitcoin worth $280 million, totaling 3,311 BTC between Oct. 5 and Oct. 9.
- The purchase was made at an average price of about $84,500 per coin.
- This acquisition increased Strive’s total Bitcoin holdings to approximately $2.73 billion.
- Strive has been aggressively buying Bitcoin, with recent purchases of $169 million and $94.5 million.
- The firm trades under the ticker ASST and recently merged with Semler Scientific to enhance its balance sheet.
Strive’s latest Bitcoin purchase marks its largest since January, reflecting a strategic move during a market dip below recent highs near $87,000 per coin. The company’s total holdings now stand at over $2.73 billion in Bitcoin value, up from last week’s figures.(Source)
