Strive acquired 1,110 BTC for $81.5M, bringing its total holdings to 21,356 BTC amid corporate accumulation trends.
Macro & Markets ·
Strive has completed a purchase of 1,110 BTC valued at $81.5 million, with an average acquisition cost of $73,409 per bitcoin, according to the company's CEO. The transaction elevates Strive's total holdings to 21,356 BTC. The accumulation occurred in phases: the firm acquired 147 BTC at roughly $64,800 per unit and 79 BTC at $63,231 per unit in earlier tranches, with remaining coins added over recent weeks as prices climbed toward $80,000.
The purchase marks Strive's second major accumulation drive in recent months, having held 15,009 BTC in May before escalating its strategy. Strategy, positioned as the world's largest corporate holder of bitcoin, has taken a different approach—remaining inactive in the market for nearly two months while prioritizing the rebuilding of dollar reserves now exceeding $6.5 billion.
The contrast highlights divergent strategies among major institutional bitcoin accumulators: Strive's aggressive buying during price gains versus Strategy's preference for cash preservation. Market conditions and timing of future purchases by either firm remain unconfirmed.