Strive Buys Another $109M Worth of Bitcoin Bringing Holdings Past 24,500
Strive has made another significant acquisition of Bitcoin, buying 1,375 BTC for $109 million at an average price of $79,281 per coin.
This brings its total holdings to 24,531 BTC, showing that the company's accumulation strategy remains active and consistent.
The purchase follows a larger one announced the previous week, when Strive added 1,800 BTC for $143 million at a similar average price.
CEO Matt Cole said that 70% of the capital raised during the previous week came from SATA, which now has $999 million in notional outstanding.