Strive's Bitcoin Holdings Rise 0.10%, But Share Issuance Trims Exposure

Strive, a Bitcoin treasury firm, acquired 20 BTC in late July at an average price of approximately $63,191. The purchase brought Strive's total holdings to 20,020 BTC.

The increase in effective common shares outpaced the addition of new Bitcoins, causing gross Bitcoin exposure per share to decline by about 0.03% over the period.

Strive did not explain the reason behind the issuance of 110,000 additional shares from Class A stock, which contributed to the decrease in Bitcoin exposure.