Strive Adds 1,355 Bitcoin As Corporate Treasury Reaches 26,355 BTC
TL;DR Strive disclosed the purchase of 1,355 BTC at an average price of about $79,475. Its corporate Bitcoin treasury increased from 25,000 BTC to 26,355 BTC. The disclosure relates to Strive’s own balance sheet, not third-party fund assets. Strive has increased its corporate Bitcoin holdings to 26,355 BTC after disclosing another 1,355 BTC purchase. The company reported the acquisition in a September 21 SEC filing, with the new coins purchased at an average price of roughly $79,475 each. Strive Pushes Past 26,000 BTC Before the latest addition, Strive held 25,000 BTC. The new purchase takes that figure to 26,355 BTC, giving the company a materially larger direct exposure to Bitcoin on its own corporate balance sheet. That point is important because Strive also operates in asset management. The 26,355 BTC figure refers to the company’s treasury position rather than Bitcoin held on behalf of outside investors in funds or managed products. The size of the new purchase also puts Strive among the more active public-company Bitcoin accumulators in the current market. At roughly $79,475 per coin, the company added exposure near the same broad price zone in which other treasury buyers have been active during September. Treasury Companies Keep Competing For Bitcoin Supply The filing arrives as corporate Bitcoin strategies continue to move beyond the handful of companies that pioneered the model. For investors, the practical question is increasingly less about whether public companies will hold Bitcoin and more about how aggressively individual firms intend to finance those positions. Strive’s latest disclosure gives a clear answer on direction: it is still adding. The company has not presented the 1,355 BTC as client assets or ETF holdings, and the distinction matters when comparing its position with asset managers that custody Bitcoin for third parties.
Key Takeaways
- TL;DR Strive disclosed the purchase of 1,355 BTC at an average price of about $79,475.
- Its corporate Bitcoin treasury increased from 25,000 BTC to 26,355 BTC.
- The disclosure relates to Strive’s own balance sheet, not third-party fund assets.
Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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