Strive Buys $169M in Bitcoin, Holds 29,462 BTC
Decrypt.co reported that Strive bought about $169 million in bitcoin last week for 2,000 coins. The Nasdaq-listed bitcoin treasury company now holds 29,462 BTC.
Decrypt.co reported that Strive bought about $169 million in bitcoin last week. The Nasdaq-listed bitcoin treasury company, co-founded by Vivek Ramaswamy, paid roughly that amount for 2,000 coins and now holds 29,462 BTC.
The purchase was Strive's biggest buy in four months, according to the report published by Decrypt.co.
Key Takeaways
- Decrypt.co reported that Strive bought about $169 million in bitcoin last week.
- The company paid roughly $169 million for 2,000 coins.
- Strive now holds 29,462 BTC.
Context
Strive is a Nasdaq-listed bitcoin treasury company that holds bitcoin as part of its corporate balance sheet. Treasury companies and other public firms have been closely watched by market participants because their bitcoin purchases can affect reported holdings and signal changes in corporate accumulation patterns.
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