Strive Boosts Bitcoin Holdings to 24,532 BTC After Latest Purchase
Strive Inc., a publicly traded company, has added another 1,375 BTC to its corporate treasury, bringing its total holdings to 24,532 BTC.
This purchase marks Strive's fifth-largest position among public companies holding Bitcoin, trailing Strategy (formerly MicroStrategy), Twenty One Capital, Metaplanet, and MARA Holdings.
Strive has been aggressively accumulating Bitcoin since going public, with a total of 29 disclosed purchases so far this year. The company has been funding its buys through a combination of common stock offerings and its Variable Rate Series A Perpetual Preferred Stock (SATA).
The latest purchase follows a stretch of particularly aggressive buying, including a prior week's acquisition of 1,110 BTC for $81.5 million and an August 24-28 period where Strive scooped up 1,800 BTC for $143 million.