Strive Surges Past $143M to Become Fifth-Largest Public Corporate Bitcoin Holder

Strive, a publicly traded asset manager and Bitcoin treasury company, has continued its aggressive accumulation of BTC, purchasing 1,800 units for $143 million between Aug. 24 and Aug. 28.

This marks the second consecutive week that Strive has rapidly increased its holdings, with an average price of $79,431 per coin for this latest tranche.

As a result, Strive's total Bitcoin reserves now stand at 23,156 BTC, up from 21,356 just a week earlier, a growth rate of approximately 8.4% within five business days.

The company has therefore moved ahead of Bullish to become the fifth-largest publicly traded corporate Bitcoin holder, according to industry tracking.