Strive Adds 1,800 Bitcoin And Climbs Into Top Five Corporate Holders
TL;DR
- Strive acquired 1,800 Bitcoin for $143 million between August 24 and 28, at an average price of $79,431 per unit.
- The purchase raised the company’s total holdings to 23,156 BTC, positioning it as the fifth-largest publicly traded corporate holder.
- Strategy also resumed its Bitcoin purchases, adding 4,603 BTC at an average price of $80,318.
Strive strengthened its Bitcoin position during the last week of August, carrying out the acquisition of 1,800 BTC for approximately $143 million between the 24th and 28th of that month. The average price paid was $79,431 per unit, including fees and expenses. Matt Cole, CEO of the company, confirmed the transaction.
The purchase raised the firm’s total holdings to 23,156 Bitcoin, up from the 21,356 BTC recorded a week earlier. The previous week, the company had already added 1,110 BTC for around $81.5 million, at an average price of $73,409 per unit. Adam Livingston, advisor at Saturn Credit, noted that the latest transaction increased holdings by approximately 8.4% in just five business days.
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