Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Strive Snaps Up 1,110 BTC in $81.5M Acquisition

Guavy AI Editorial Team
Instruments
BTC
Share

Strive, Inc., parent company of ASST shares, made headlines in recent days after acquiring 1,110 Bitcoin (BTC) for $81.5 million between August 17 and August 21.

The acquisition, which averaged out to $73,409 per BTC, brings Strive's total BTC holdings to 21,356, making it the seventh-largest publicly traded corporate Bitcoin holder globally, according to data from BitcoinTreasuries.NET.

Following this strategic purchase, ASST shares surged over 11% on Monday, building on a year-to-date rally of approximately 36%. The company's CEO, Matt Cole, expressed 'very strong' confidence that the Bitcoin bear cycle has concluded.

More on Crypto

Crypto 1m ago

Bit Entity Amasses $323M in ETH and BTC Long Positions

Crypto 1m ago

Bitcoin Gains Traction as Institutional Investors Seek Hedge Against Fiscal Instability

Crypto 1m ago

Rise of RWAs Spawns Custody Debate in Crypto Industry

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy