Strive Boosts Bitcoin Holdings by 7% with Fresh $143M Purchase

Strive, a company led by CEO Matt Cole, has continued its aggressive Bitcoin purchasing strategy. The latest acquisition adds 1,800 BTC to Strive's growing stash, bringing the total to 23,156 units.

This purchase comes at an average price of $79,431 per unit, with the total cost amounting to $143 million. As a result, Strive's Bitcoin holdings are now worth approximately $1.76 billion, assuming an asset price of $78,000 as of press time.

Strive has accelerated its Bitcoin purchases in recent weeks, including acquiring another 1,110 BTC last week. The company's CEO, Matt Cole, shared a chart on X highlighting the firm's acquisitions over the past year or so, showing a significant increase in buys since March this year.