Strive Amasses 1,800 BTC Amid Market Rebound

Strive, a publicly traded asset manager and Bitcoin treasury company, made a significant addition to its Bitcoin holdings last week.

The company purchased approximately $143 million worth of Bitcoin between August 24th and 28th, adding 1,800 BTC to its total holdings.

This acquisition brought Strive's total Bitcoin holdings to 23,156 BTC, surpassing Bullish, a crypto exchange and digital asset infrastructure company, as the fifth-largest publicly traded corporate holder of Bitcoin.

The purchase price averaged $79,431 per BTC, including fees and expenses. This marks an acceleration in Strive's Bitcoin accumulation strategy, which has propelled it into the ranks of the world's top five largest publicly traded corporate Bitcoin holders.