Crypto
Strategy and Strive Buy $182 Million in Bitcoin Amidst Price Surge
The Strategy and Strive companies have announced significant purchases of Bitcoin. According to a recent report, the two companies together acquired 2,305 BTC for $182.7 million.
The Strategy purchased 950 BTC for $75.7 million in its first buy since August, while the Strive company bought 1,355 BTC worth $107.7 million.
This surge in buying comes as Bitcoin's price has seen a sharp increase, reaching $85,336 at the time of writing and rising by nearly 5% in 24 hours after hitting an intraday high of $86,282 on Monday.