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Strive Adds 2,000 Bitcoin to Its Treasury Holdings

Guavy AI Editorial Team
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Strive, a U.S.-based Bitcoin treasury company, has expanded its holdings with the purchase of an additional 2,000 Bitcoin. The acquisition, announced by CEO Matt Cole on Oct. 5, cost $169 million, with an average price of $84,422 per coin. This latest investment brings Strive’s total Bitcoin holdings to 29,462 BTC.

Cole revealed that 61.5% of the funds used for the purchase were raised through SATA, while $56.7 million came from warrants. The company also disclosed key financial metrics and performance indicators for the third quarter of this year in an 8-K filing submitted the same day.

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