Strive buys $143M in Bitcoin, becomes fifth-largest holder

Strive has purchased 1,800 Bitcoin for about $143 million, raising its treasury to 23,156 BTC and moving past Bullish into fifth place among public corporate holders. Summary Strive paid an average of $79,431 per Bitcoin between Aug. 24 and Aug. 28. The company’s Bitcoin treasury increased from 21,356 BTC to 23,156 BTC. ASST and SATA issuance continued as Strive financed purchases through its at-the-market programs. ASST gained more than 5% on Monday after nearly doubling during August. Strive Bitcoin holdings reach 23,156 BTC The U.S. Securities and Exchange Commission Form 8-K filing, submitted on Aug. 31, showed that Strive acquired 1,800 BTC between Aug. 24 and Aug. 28 at an average price of $79,431 per coin, including fees and expenses. At the reported average price, the transaction cost approximately $143 million. Strive ended the period with 23,156 BTC, up from 21,356 BTC one week earlier. BitcoinTreasuries.net data placed the Dallas-based company ahead of crypto exchange Bullish, which holds 22,000 BTC. The new balance made Strive the fifth-largest publicly traded corporate Bitcoin holder, behind Strategy, Twenty One Capital, Metaplanet, and MARA Holdings. Source: BitcoinTr...