Strive Increases Bitcoin Holdings to 25,000 BTC
Strive (Nasdaq: STRV) announced the acquisition of 469 additional Bitcoin between September 8 and September 11. The company purchased the assets at an average price of approximately $77,954 per BTC, totaling about $36.56 million. As of September 11, Strive's total Bitcoin holdings reached 25,000 BTC. The company also reported an increase in cash and cash equivalents to $204.2 million, alongside growth in its outstanding Class A common stock and Series A perpetual preferred stock (SATA). According to BitcoinTreasuries.net, Strive currently ranks as the fifth-largest corporate holder of Bitcoin.
Summaries are written by AI from the original article. Not investment advice.