Strive Snaps Up 2000 BTC at $84,422 Average Price
Strive, a company, has made another significant purchase of Bitcoin (BTC) in the past week. According to recent data, Strive acquired 2000 BTC at an average price of $84,422. This purchase brings Strive's total holdings to 8106 BTC, valued at $659.6 million, with an average entry price of $81,374.
The price action on the 4-hour chart shows BTC trading near the upper resistance at $86,726.19. The 50-EMA is at $84,699.77, and the 200-EMA is at $81,463.6, acting as layered support. The MACD golden cross at 475.34 confirms the trend strength, while the RSI at 62.75 leaves room before overbought conditions.
This latest acquisition by Strive adds to its existing holdings, which have increased since August 24. The total value of Strive's Bitcoin holdings is now approximately $659.6 million.