Bitcoin: Strive’s Strong $143M Buy Hits 23,156 BTC Total
Covered by 2 sources · 2 articles
Strive acquired 1,800 Bitcoin for $143 million at an average price of $79,431 per coin, expanding its total holdings to 23,156 BTC. The company funded the purchase through an at-the-market share offering. This transaction represents Strive's largest buy since its Semler merger and positions the company among major corporate Bitcoin holders. The move came as Strategy simultaneously purchased 4,603 BTC, underscoring sustained institutional appetite for Bitcoin during this period.
- Strive's 1,800 BTC acquisition via ATM offering brings its portfolio to over 23,000 coins, marking its biggest single purchase post-Semler merger.
- The $79,431 average price reflects execution during a specific market window, with the company using equity issuance rather than cash reserves.
- Synchronized large purchases by both Strive and Strategy signal coordinated institutional accumulation strategies.
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Strive buys $143 million in Bitcoin, increases holdings to 23,156 BTC
🚨 Strive buys 1,800 BTC for $143 million, raising total holdings to 23,156 BTC. 💰 The company executed its latest purchase at an average price of $79,431 per bitcoin. 📈 Strive, traded as $ASST, now ranks among the top corporate Bitcoin h…
Bitcoin: Strive’s Strong $143M Buy Hits 23,156 BTC Total
Strive acquired 1,800 Bitcoin for $143 million at $79,431 average, lifting total holdings to 23,156 BTC. Funded via ATM share issuance, the purchase marked its largest since Semler merger and coincided with Strategy buying 4,603 BTC, highli…