Strive Bitcoin holdings top 36,800 BTC after another $100M purchase
BTC when published $82,505Now $80,595 ▼ −2.32% since it was published
Strive has purchased another 1,223 Bitcoin for approximately $100 million, raising its total holdings to 36,818 BTC as the Nasdaq-listed company continues expanding its cryptocurrency treasury through a series of acquisitions. According to Strive CEO Matt Cole’s October 19 announcement, the company bought the latest batch at an average price of $81,734 per Bitcoin. The acquisition brought its reported holdings above 36,000 BTC for the first time, following two substantial purchases announced earlier in the month. At a Bitcoin market price of approximately $82,000, Strive’s 36,818 BTC holdings would be worth around $3.02 billion. Their market value changes with Bitcoin’s price and should not be confused with the company’s total assets or the amount spent acquiring the coins.
First reported by crypto.news. This page is a short excerpt; the full text is theirs.
