Strive Adds 1,800 More Bitcoins to Its Growing Stash
Strive, an investment firm and cryptocurrency treasury company, has made another significant purchase of Bitcoin. The firm acquired 1,800 BTC at an average price of $79,431 per coin, bringing its total stash to 23,156 BTC. This move is part of the company's ongoing accumulation strategy amid current market conditions.
The acquisition cost Strive $143 million and has a market value of $1.76 billion, given Bitcoin's trading price near $78,000 at the time of the purchase. The firm's aggressive buying in Bitcoin continues, with its latest massive purchase solidifying its position as the fifth-largest publicly traded corporate BTC holder, according to BitcoinTreasuries.NET.