Strive Surges Past Bullish in Corporate Bitcoin Rankings After $143M Accumulation

Strive, a publicly traded asset manager and Bitcoin treasury company, has significantly accelerated its accumulation of BTC by purchasing 1,800 coins for approximately $143 million between Aug. 24 and Aug. 28.

The average price per coin was around $79,431, which pushed Strive's total holdings to 23,156 BTC, up from 21,356 just a week earlier.

This rapid accumulation has moved Strive into the top five among publicly traded corporate Bitcoin holders, surpassing Bullish and Strategy, according to industry tracking.

According to Adam Livingston, an adviser to Saturn Credit, Strive's holdings increased by about 8.4% in just five business days, indicating a significant increase in its relative position among other public corporate buyers.