todayonchain.com

Strive adds 444 BTC as treasury climbs to 15,000 Bitcoin

Crypto Briefing
Strive acquired 444 BTC, increasing its treasury to 15,000 BTC, positioning it among top public Bitcoin holders.

Summary

Strive has significantly expanded its Bitcoin holdings by acquiring an additional 444 BTC, bringing its total treasury to 15,000 BTC. This strategic purchase, made at an average cost of approximately $76,307 per bitcoin for a total of $33.9 million, solidifies Strive's position as a major corporate Bitcoin holder in public markets. The company's current holdings place it close to other prominent Bitcoin-holding public companies like Coinbase and Riot Platforms, which hold 15,389 BTC and 15,680 BTC, respectively. Strive now ranks ninth among public companies with Bitcoin treasuries, demonstrating its commitment to building a substantial Bitcoin reserve. This move keeps Strive within the top 10 public Bitcoin treasury companies, trailing behind entities like Strategy, which holds the largest public Bitcoin treasury at 818,334 BTC.

(Source:Crypto Briefing)