✉news BusinessCrypto first seen 18 h ago, last 4 h ago, peak #12
Strive Buys $94.5 Million in Bitcoin, Holdings Pass 27,000 BTC
Original: Strive Buys $94.5 Million in Bitcoin, Pushing Holdings Past 27,000 BTC
Strive has purchased $94.5 million worth of Bitcoin, lifting its total holdings above 27,000 BTC. The acquisition marks another sizeable addition to the company's crypto treasury, a strategy increasingly common among firms seeking exposure to the asset. Details on the average purchase price or funding source were not disclosed, but the move reinforces Strive's position among the larger corporate Bitcoin holders.
Why now: Companies adding large amounts of Bitcoin to their balance sheets draw attention amid ongoing institutional adoption of crypto.
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