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Strive Bolsters Bitcoin Holdings to 21,356 BTC After $81.5M Purchase

Guavy AI Editorial Team
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Strive, a publicly traded company, has strengthened its position as one of the largest corporate holders of Bitcoin after purchasing an additional 1,110 BTC for approximately $81.5 million between August 17 and August 21.

The acquisition increased Strive's total Bitcoin holdings to 21,356 BTC, representing a growth of about 5.5% from its previous holding of 20,246 BTC.

The company purchased the Bitcoin at an average price of $73,409 per coin, including fees and expenses, which is significantly higher than the current market price of around $79,000 per Bitcoin.

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