Strive CEO Matt Cole took it to X to announce that the company has accumulated another 1,800 BTC for $143 million at an average price of $79,431 per unit. Thus, the firm’s total holdings have grown to 23,156 BTC.

From a USD perspective, the firm’s cryptocurrency stash is now worth $1.760 billion, given the asset’s price of $78,000 as of press time.

Strive has accelerated its bitcoin purchases lately, including adding another 1,110 BTC last week, as reported. Cole published a chart yesterday on X highlighting all of the firm’s acquisitions completed in the past year or so, and the graph clearly shows a growing number of buys completed since March this year.

This is the third major crypto acquisition announced by big names today. It all started with Strategy, which, after a two-month pause, finally resumed its bitcoin purchases by splashing $370 million to acquire 4,603 BTC.

Bitmine followed suit. The former BTC miner acquired 53,501 ETH as its entire Ethereum stash surged past 5.9 million. It now owns 4.8% of the asset’s entire circulating supply.

Meanwhile, if you are interested in finding out more about the latest Strategy moves or the overall market state, check out our video below.

The post Strive Keeps Buying Bitcoin: Another 1,800 BTC Push Holdings Past 23K appeared first on CryptoPotato.




Source link

Author

Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.