Strive CEO Teases Next Big Bitcoin Move Amid Rising Treasury Holdings
Strive's Bitcoin holdings have been on the rise, and investors are eagerly awaiting their next move. The company's Chief Executive Officer Matt Cole recently posted a cryptic message on X, sparking speculation about another large Bitcoin purchase.
Cole's post read 'wall-breaking season at Strive,' but he did not confirm any details about the size or timing of the acquisition.
BitcoinTreasuries.NET estimated that recent SATA financing could support a purchase exceeding 1,100 BTC. However, this estimate is separate from an official Strive purchase disclosure and should be viewed with caution.
Strive's latest Form 8-K filing showed a large treasury position already in place, with the company having bought 1,800 BTC between Aug. 24 and Aug. 28 at an average price of $79,431 per Bitcoin.