Bitcoin · U.S. Treasury · Strategy · Cointelegraph
Strive picks up 1,800 Bitcoin for $143 million, becomes fifth-biggest corporate holder
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Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.
Key facts
- The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28, paying an average price of $79,431 per BTC, including fees and expenses
- The purchase brought Strive’s total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier
- Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound
- Strive’s latest purchases have coincided with a broad recovery in Bitcoin and the wider digital asset market that began on Aug
Summary
Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders. The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28, paying an average price of $79,431 per BTC, including fees and expenses. The purchase brought Strive’s total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier. The acquisition also pushed Strive past Bullish, the crypto exchange and digital asset infrastructure company, to become the fifth-largest publicly traded corporate holder of Bitcoin, according to industry data.