Bitcoin
Strive Expands Bitcoin Treasury With $143 Million Purchase
Asset manager Strive has acquired 1,800 Bitcoin, bringing its total treasury holdings to 23,156 BTC worth approximately $1.76 billion.
Asset manager Strive has continued building its corporate cryptocurrency reserves, acquiring an additional 1,800 Bitcoin for around $143 million. Chief Executive Matt Cole announced the purchase, noting the company paid an average price of $79,431 per token. Following this transaction, Strive holds a total of 23,156 BTC, valued at roughly $1.76 billion based on the reference price in the disclosure.
The latest acquisition comes as Strive, which trades on the Nasdaq under the ticker ASST following a merger with Asset Entities, pursues an aggressive accumulation plan.
The transaction coincides with a broader resurgence in corporate treasury buying across the digital asset space. Other market participants have also resumed purchasing activity, including Strategy, which ended a two-month hiatus with a $370 million acquisition, and Bitmine, which completed its largest Ethereum purchase since June.
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