Strive Surpasses Bullish in Corporate Bitcoin Holdings

Strive's Bitcoin holdings have increased significantly after the company purchased another 1,800 BTC for around $143 million. The average price per Bitcoin was $79,431, bringing Strive's total holdings to 23,156 BTC, worth approximately $1.8 billion at current prices.

This purchase has moved Strive into fifth place among publicly traded corporate Bitcoin holders, surpassing Bullish. The company has been actively accumulating Bitcoin in recent weeks, with 1,110 BTC purchased during the August 17-21 period for about $81.5 million.

Strive has funded its Bitcoin strategy through common and preferred stock sales. According to CEO Matt Cole, the company remains debt-free and holds its Bitcoin without liens.