Strive Snags 1,110 BTC at Average Cost Below $79K
Strive Asset Management has expanded its Bitcoin holdings by purchasing 1,110 BTC for $81.5 million between August 17 and 21.
The average all-in cost per BTC was $73,409, based on the company's SEC filing.
This brings Strive's total Bitcoin treasury to 21,356 BTC.
Strive's cash position increased by $17.1 million to $171.9 million during the same period.
Class A shares outstanding rose by 3.65 million to 79.89 million.