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Crypto

Strive Adds 1,110 BTC to Treasury Amid Rising Bitcoin Price

Guavy AI Editorial Team
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BTC
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Strive's Bitcoin holdings have grown significantly after it purchased 1,110 BTC for $81.5 million at an average price of $73,409 per coin.

This acquisition increases Strive's total Bitcoin holdings to 21,356 BTC and raises its cash balance to $171.9 million.

Strive also increased Class A shares by 3.65 million, highlighting the importance of Bitcoin growth per diluted share for shareholder value.

The technical recovery of Bitcoin above its 1,130-day moving average supports a potentially bullish market outlook, but sustained demand and controlled leverage are needed for confirmation.

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