Strive Becomes Fifth-Largest Corporate Bitcoin Holder After $143M Purchase

Strive has made significant strides in its Bitcoin holdings, acquiring 1,800 BTC for approximately $143 million between August 24 and August 28. This purchase brings Strive's total treasury to 23,156 BTC, surpassing Bullish and placing the company as the fifth-largest publicly traded corporate Bitcoin holder.

The average price per coin was $79,431, with the total transaction cost being around $143 million. At the current market value of roughly $76,400, Strive's holdings are worth approximately $1.77 billion.

Strive's CEO, Matt Cole, confirmed the purchase in a post on X, stating that the company acquired an additional 1800 BTC for $143M at an average cost of $79431 per bitcoin, bringing total holdings to ₿23156.