Strive Adds 79 Bitcoins Worth $5.2 Million to Treasury
Strive has bolstered its Bitcoin holdings by purchasing 79 BTC for approximately $5.2 million between July 20 and July 24.
The latest acquisition brings Strive's total Bitcoin reserves to 20,000 BTC, increasing its treasury value to around $1.3 billion based on current market prices.
The company paid an average price of $65,723 per Bitcoin, including fees, for the new purchases.
This move is part of Strive's ongoing strategy to accumulate more Bitcoin using funds raised through stock sales.