Strive adds 1,355 BTC, pushes holdings to 26,355 BTC
Macro & Markets ·
The firm's latest purchase, made at an average price of $79,475, lifts its total bitcoin treasury as the asset trades above $85,000.
Strive bought 1,355 BTC for $107.7 million, according to CryptoPotato, which noted the transaction coincided with bitcoin's price crossing $85,000. The addition brings the company's cumulative bitcoin holdings to 26,355 BTC, up from its prior position.
The purchase places Strive fifth among public bitcoin holders, and the company is pursuing a second-place ranking by year-end, according to The Block. That reporting frames the acquisition as part of a broader pattern of accelerating purchases rather than an isolated move.
The average purchase price of $79,475 sits below bitcoin's current trading level above $85,000, meaning the newly acquired coins are already showing an unrealized gain based on the price levels cited across the reporting. The scale of the buy, at $107.7 million, is among the larger single disclosed purchases in Strive's recent accumulation activity, though the material does not specify how this compares to earlier individual buys.
Coverage of the purchase circulated across multiple accounts, including a post from Cole Macro, reflecting broader attention to the treasury move. Four distinct sources have reported on the acquisition, according to the cluster of coverage, underscoring consistent figures across outlets: 1,355 BTC, $107.7 million spent, and a resulting total of 26,355 BTC.
What remains unclear is the specific timeline Strive is working against to reach second place among public bitcoin holders, and which competitor holdings it would need to surpass. Also unaddressed in current reporting is whether the pace of purchases seen in this transaction will continue at a similar scale, or whether this represents a peak in near-term accumulation activity.