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Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC
Photo: NewsBTC

BTC when published $82,044Now $80,595 ▼ −1.77% since it was published

TL;DR: Strive purchased another 1,223 Bitcoin over two days, taking its reported holdings to 36,818 BTC in a fresh SEC filing. Strive’s Bitcoin buying spree continued through the middle of October. In a filing dated Monday, the company disclosed the purchase of 1,223 BTC between October 14 and October 16, bringing its total reported holdings to 36,818 coins. The latest purchase cost roughly $100 million at an average price of about $81,734 per Bitcoin, according to the company’s figures. It followed an earlier acquisition of 2,822 BTC in the same week, showing how aggressively the corporate treasury strategy has accelerated. The size of the holding puts Strive among the largest publicly traded Bitcoin owners.

First reported by NewsBTC. This page is a short excerpt; the full text is theirs.

Read the full story at NewsBTC (opens in a new tab)

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