Strive Acquires 1,355 BTC as Bitcoin Price Surpasses $85,000

Strive has purchased 1,355 BTC for $107.7 million at an average price of $79,475, bringing its total holdings to 26,355 BTC. The firm continues its strategy of using non-dilutive preferred equity financing for accumulation. This purchase follows a week where Bitcoin's price climbed above $85,000 for the first time since January, recovering from a dip to $75,000 caused by the failed Senate vote on the CLARITY Act and Federal Reserve rate hikes.