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Crypto

Strive Boosts Bitcoin Holdings with $5.2 Million Purchase

Guavy AI Editorial Team
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BTC
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Strive, an asset management firm, has significantly boosted its Bitcoin holdings by acquiring 79 BTC valued at approximately $5.2 million based on current market prices.

The purchase brings Strive's total Bitcoin holdings to a substantial 20,000 BTC, with the company's treasury now valued at over $1.3 billion at current market prices of around $65,800 per BTC.

This move is part of Strive's ongoing strategy of accumulating Bitcoin as a core treasury reserve asset, mirroring the approach of other institutional investors like MicroStrategy.

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