Strive Adds 3,311 Bitcoin as Its Treasury Reaches 32,773 BTC
BTC when published $82,131Now $80,595 ▼ −1.87% since it was published
Strive added 3,311 bitcoin between October 5 and October 9, raising its corporate treasury from 29,462 BTC to 32,773 BTC. The purchase averaged roughly $84,500 per bitcoin, including fees and expenses, according to an October 13 SEC filing. The acquisition was worth approximately $280 million based on that disclosed average price, The Block reported; Strive reported $310.3 million in cash and cash equivalents at the end of the purchase period. The reported buying took place over five days, from October 5 through October 9. Strive’s filing places the average cost of the 3,311 BTC at approximately $84,500 per coin, with fees and expenses included in that figure. Its Bitcoin balance was 29,462 BTC as of October 2 and 32,773 BTC as of October 9.
First reported by Crypto Daily. This page is a short excerpt; the full text is theirs.
