Strive adds 1,375 BTC, lifting total Bitcoin holdings to 24,531

AI Market Summary
Strive disclosed an additional 1,375 BTC purchase (~$109m) at an average cost of $79,281, lifting total holdings to 24,531 BTC. The update reinforces ongoing institutional and corporate balance-sheet demand for Bitcoin and can support near-term sentiment by signaling willingness to accumulate at elevated price levels. Market focus may shift to follow-on purchases, funding sources, and potential hedging activity linked to treasury strategy.
Impact level
● Medium
Affected assets
BTC/USDT-1.70%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Sept. 8 — Strive CEO Matt Cole said the company purchased an additional 1,375 Bitcoin at an average price of $79,281 per BTC, for a total outlay of about $109 million. The acquisition brings Strive's total Bitcoin holdings to 24,531 BTC, according to BlockBeats.