Strive's Bitcoin Stash Surpasses 24,500 Units After $109 Million Purchase
Strive has added more Bitcoin to its holdings, increasing its total to over 24,500 units. The company announced on Monday that it had acquired an additional 1,375 BTC for $109 million at an average price of $79,281 per bitcoin.
This purchase brings Strive's USD valuation to just over $1.9 billion, given Bitcoin's current price tag of $78,200.
Strive's latest acquisition comes after the company announced a significant purchase last week, adding 1,800 BTC for $143 million at a similar average price.
The company has been steadily increasing its Bitcoin holdings, and this latest move is part of its strategy to accumulate more units over time.