Strive picks up 382 BTC for roughly $30 million, holding spot as ninth-largest bitcoin treasury
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Bitcoin-focused, digital asset treasury Strive, Inc. bought another 382 BTC for about $30 million, according to CEO Matt Cole.
Key facts
Bitcoin-focused, digital asset treasury Strive, Inc. bought another 382 BTC for about $30 million, according to CEO Matt Cole
Cole posted to social media on Tuesday that Strive's (NASDAQ: ASST) total (BTC) holdings have risen to 15,391 bitcoin, worth nearly $1.2 billion at current prices
Founded in 2022 by Vivek Ramaswamy, Strive Asset Management issues a range of ETFs, investment trusts, and other products
Strive ranks as the ninth-largest BTC treasury, ahead of bitcoin miner Hut 8 and behind Riot Platforms
Summary
Cole posted to social media on Tuesday that Strive's (NASDAQ: ASST) total (BTC) holdings have risen to 15,391 bitcoin, worth nearly $1.2 billion at current prices. Strive ranks as the ninth-largest BTC treasury, ahead of bitcoin miner Hut 8 and behind Riot Platforms. The firm has raised hundreds of millions of dollars to fund bitcoin purchases. Michael Saylor's Strategy, the world's largest bitcoin treasury, has employed a similar strategy.