Strive Surges Past Bullish in Bitcoin Holdings with $143 Million Buy

Strive has made significant strides in its Bitcoin holdings after purchasing 1,800 BTC for approximately $143 million. This purchase lifted the company's treasury to 23,156 BTC, moving it ahead of Bullish and into fifth place among publicly traded corporate Bitcoin holders.

The deal was disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission on August 31. Strive paid an average of $79,431 per Bitcoin, including fees and expenses.

With this latest acquisition, Strive's total holdings have increased by 1,800 BTC, bringing its portfolio value to approximately $1.77 billion at a Bitcoin rate of $76,400.