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Strive Scoops up 6,182 Bitcoin Pushing Stash Total to 43,000 BTC

Strive Scoops up 6,182 Bitcoin Pushing Stash Total to 43,000 BTC
Photo: Bitcoin.com News

BTC when published $80,203Now $80,595 ▲ +0.49% since it was published

Strive went on a bitcoin buying spree this past week, snapping up 6,182 BTC for roughly $511.4 million. The aggressive accumulation pushed its holdings to 43,000 BTC worth $3.45 billion today. The Nasdaq-listed company, co-founded by Vivek Ramaswamy, executed several major purchases this month, turning a series of capital raises into one of October’s largest corporate bitcoin accumulation campaigns. The first tranche delivered 3,311 BTC for approximately $280 million, at an average price of $84,500 per coin. Strive followed with another 2,822 BTC for $235 million on Oct. 12-13, lifting its holdings to 35,595 BTC and narrowly overtaking MARA’s reported 35,577 BTC. It wasn’t finished. Another 1,223 BTC, purchased for approximately $100 million between Oct. 14 and Oct. 16, pushed Strive’s total to 36,818 BTC.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin.com News (opens in a new tab)

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