Strive’s (ASST) Bitcoin Treasury Crosses 15,000 BTC After $33.9 Million Purchase
Strive, Inc. has surpassed 15,000 BTC in its treasury following a $33.9 million purchase of 444 bitcoin.Summary
Dallas-based asset management firm Strive, Inc. (Nasdaq: ASST) has officially crossed the 15,000 BTC milestone in its corporate treasury. The company achieved this after purchasing 444 bitcoin for $33.9 million at an average price of $76,307 per coin. This latest acquisition reinforces Strive's position as a significant corporate Bitcoin holder, with its total holdings now valued at approximately $1.2 billion.
Strive distinguishes itself as the first public asset management Bitcoin treasury corporation, focusing its strategy on increasing Bitcoin per share and utilizing "digital credit" products. Under CEO Matt Cole, the firm has aggressively expanded its treasury, notably through the acquisition of Semler Scientific and continued capital allocation into Bitcoin-backed structured finance products. The company also disclosed a $50.4 million investment in "Strategy," the firm led by Michael Saylor, reflecting its alignment with broader Bitcoin-focused corporate treasury strategies.
(Source：Bitcoin Magazine)