Strive Adds 469 More Bitcoins to Holdings, Reaches 25,000 BTC Milestone
Strive, a Nasdaq-listed bitcoin treasury company, has expanded its holdings to 25,000 BTC after purchasing an additional 469 bitcoins. The purchase was made at an average price of approximately $77,954.
The company's stock, ASST, saw a significant increase in trading value following the news, rising over 6%.
This marks another milestone for Strive, which has been steadily increasing its bitcoin holdings since it debuted as an official bitcoin treasury last year. Founded by Vivek Ramaswamy, the company operates with a debt-free balance sheet and does not use leverage to purchase BTC.