Strive Swells Bitcoin Stash to Over $1.9 Billion with New Acquisition

Strive has continued its tradition of making significant Bitcoin purchases on Mondays. On this particular Monday, the company announced it had acquired 1,375 units of BTC, accumulated at an average price of $79,281. This major purchase is valued at over $109 million and brings Strive's total holdings above 24,500 BTC.

According to CEO Matt Cole, this acquisition was made in the minutes following Labor Day. The company's stash has now reached 24,531 BTC. Given Bitcoin's current price of $78,200, this puts the USD valuation of Strive's stash at just over $1.9 billion.