Strive adds 1,110 BTC, becomes seventh-largest public holder
Macro & Markets ·
The company's latest purchase brings its treasury to 21,356 BTC after spending $81.5 million on the acquisition.
Strive acquired 1,110 BTC for $81.5 million, according to The Block, pushing its total holdings to 21,356 BTC. The purchase places the company among the largest corporate bitcoin holders, ranking seventh among public companies by BTC held.
The acquisition continues a pattern of steady accumulation by Strive as it builds out a corporate bitcoin treasury. CryptoPotato reported the purchase pushed the firm's total holdings past the 21,000 BTC mark, framing it as part of a broader trend of companies adding bitcoin to their balance sheets.
The purchase was corroborated across multiple outlets, with four distinct sources reporting the same figures: 1,110 BTC bought for $81.5 million, bringing total holdings to 21,356 BTC. The consistency across reports underscores the scale of the transaction relative to Strive's existing position, and the ranking as seventh-largest public bitcoin holder was repeated in separate accounts of the purchase.
What remains unclear from available reporting is the timing breakdown of the purchase, whether it was executed as a single transaction or in tranches, and the average price paid per bitcoin. Also unaddressed is how this acquisition fits into any broader disclosed accumulation targets or financing structure Strive may have used to fund the purchase. Future disclosures, including any regulatory filings, would clarify these mechanics and whether further purchases are planned.