bitcoin··1 min read
Strive adds 1,223 bitcoin for $100M, lifting treasury to 36,818 BTC
The firm paid about $81,734 per coin in its latest purchase, following a 2,822 BTC buy earlier last week.
Strive has acquired 1,223 bitcoin for approximately $100 million, according to the company, paying an average price of about $81,734 per coin.
The purchase brings Strive's total bitcoin holdings to 36,818 BTC. It follows a separate buy of 2,822 BTC that the firm disclosed earlier last week.
Latest purchase at a glance
- 1,223 BTC acquired for roughly $100 million
- Average purchase price of about $81,734 per bitcoin
- Prior acquisition: 2,822 BTC earlier last week
- Total holdings after the buy: 36,818 BTC
Strive is one of a growing number of companies that hold bitcoin on their balance sheets, a strategy that ties corporate treasury performance partly to the asset's price swings. Disclosures of new purchases are typically watched as a signal of how aggressive such firms remain in adding to positions.