Strive (ASST) Adds 113 Bitcoin at an Average Price of $68,584 per BTC
Strive acquired 113 BTC for approximately $7.75 million, bringing its total holdings to 13,741 BTC.Summary
Strive has expanded its Bitcoin treasury by purchasing 113 BTC at an average price of $68,584 per coin, a transaction totaling roughly $7.75 million. This acquisition increases the company's total holdings to 13,741 BTC.
The company is following a disciplined, incremental accumulation strategy, treating Bitcoin as a core reserve asset to diversify its treasury. This trend mirrors a broader institutional shift where corporations increasingly view Bitcoin as a digital reserve asset to hedge against currency debasement.
This move coincides with other significant corporate activities, such as Strategy's recent acquisition of 4,871 BTC. Despite market volatility and potential unrealized losses, both Strive and Strategy remain committed to aggressive Bitcoin accumulation as a central component of their capital allocation strategies.
(Source：Bitcoin Magazine)