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Crypto

Strive Raises $86M to Boost Bitcoin Holdings

Guavy AI Editorial Team
Instruments
BTC
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Strive, the Bitcoin treasury company founded by Vivek Ramaswamy, has successfully raised $86M in three SATA sessions between September 21 and September 23. This amount represents a significant increase to Strive's current treasury.

During these sessions, Strive sold approximately 881,000 shares and purchased around 1,001.67 BTC at an average price of $86,200 each. This purchase is in line with the company's current strategy.

Strive has been actively buying Bitcoin in recent weeks, having previously purchased 950 BTC between September 14 and September 20 for $75.7 million, at an average price of $79,670 per BTC. The company also owns approximately 26,355 BTC, acquired through previous purchases.

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