Strive Buys 1,110 Bitcoin for $81.5 Million, Rising to 7th-Largest Corporate Holder
Updated
Updated · pluang.com · Aug 24
Strive Buys 1,110 Bitcoin for $81.5 Million, Rising to 7th-Largest Corporate Holder
3 articles · Updated · pluang.com · Aug 24
Summary
Strive bought 1,110 Bitcoin for $81.5 million between Aug. 17 and 21 at an average price of $73,409 per token, lifting its treasury to 21,356 BTC.
That purchase made Strive the world's seventh-largest corporate Bitcoin holder, underscoring management's strongly bullish stance on the cryptocurrency.
Strive's shares rose after the disclosure, reflecting investor support for the company's expanding Bitcoin accumulation strategy.