Strive Bolsters Corporate Bitcoin Holdings with $81.5M Purchase

Strive, the Nasdaq-listed firm known for its corporate Bitcoin treasury program, made significant purchases in the week of Aug. 17, Aug. 21.

The company acquired 1,110 BTC for approximately $81.5 million, bringing its total holdings to 21,356 BTC.

This latest buying spree strengthens Strive's position among public corporate Bitcoin holders, moving it into the top tier tracked by BitcoinTreasuries.NET.

Strive paid an average of $73,409 per BTC (including fees and expenses) for the tranche acquired during that period.

The company's cash and cash equivalents increased by $17.1 million to $171.9 million, while its Class A shares outstanding rose by 3.65 million to 79.89 million.