Strive Buys 6,182 Bitcoin for $511M as Corporate BTC Treasury Race Intensifies
Photo: Crypto Daily
Strive has added another 6,182 Bitcoin to its corporate treasury, spending approximately $511 million as the company accelerates one of the most aggressive Bitcoin accumulation strategies among publicly traded firms. The purchase took place between October 17 and October 23 at an average price of approximately $82,732 per BTC, including fees and expenses. According to Strive's October 26 SEC filing , the acquisition increased the company's Bitcoin holdings from 36,818 BTC to exactly 43,000 BTC. The filing also shows how rapidly Strive has expanded its balance sheet around Bitcoin during October.
Source: Crypto Daily
