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Strive Buys 1,800 Bitcoin for $143 Million to Expand Corporate Reserve

An SEC filing revealed that treasury firm Strive increased its total holdings to 23,156 BTC following its latest purchase.

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Cryptocurrency treasury firm Strive purchased an additional 1,800 Bitcoin for $143 million, paying an average price of $79,431 per coin. An 8-K filing confirmed the transaction, which lifted the company's total reserves to 23,156 BTC, valued at roughly $1.76 billion at the time of the disclosure.

The purchase positions Strive as the fifth-largest corporate holder of Bitcoin among publicly traded companies, according to BitcoinTreasuries.NET data, continuing the firm's balance sheet accumulation strategy.

The article also noted recent activity from Strategy, which acquired 4,603 Bitcoin for $370 million at an average price of $80,318. That purchase marked Strategy's first addition since June 22, following several divestments totaling $432 million since May under its Bitcoin monetization program designed to support cash reserves and dividends.

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