Crypto
Strive Bolsters Bitcoin Holdings with $5 Million Acquisition
Strive, a company pursuing a Bitcoin treasury strategy, has continued its aggressive accumulation of BTC. The company's latest purchase added 79 more Bitcoin to its holdings, bringing the total to 20,246 BTC.
The acquisition was made at an average price of $63,231 per Bitcoin, with the total cost coming in around $5 million. This move is part of Strive's ongoing effort to build a substantial Bitcoin treasury.
In a post on X, Matt Cole, Strive's chairman and CEO, mentioned the company's latest purchase without providing further details or context.