Strive Adds 1,375 More Bitcoins to Treasury Holdings

Strive, a Bitcoin treasury company, has made another significant purchase of the digital asset. The firm acquired an additional 1,375 BTC for approximately $109 million, bringing its total holdings to 24,531 BTC.

The average price paid per Bitcoin was $79,281, according to Matt Cole, Strive's chairman and CEO, who revealed the news on X on September 8. This latest purchase adds to the company's growing stash of Bitcoin, which now stands at a substantial level.

About 70% of the funds raised last week came through preferred stock SATA, with its notional balance nearing $1 billion at $999 million.