Strive Spends $81.5M on Bitcoin to Reach 21,356 BTC Total
Asset manager Strive picked up another 1,110 bitcoin, cementing its spot as the seventh-largest public corporate holder.
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Key takeaways
- Strive acquired 1,110 bitcoin for $81.5 million.
- The firm now holds 21,356 BTC on its balance sheet.
- Strive ranks as the seventh-largest public company holder of bitcoin.
Strive just dropped $81.5 million to stack another 1,110 bitcoin.
That buy brings the asset management firm's total stash to 21,356 BTC. It solidifies Strive's spot as the seventh-largest public company holder of bitcoin globally.
Why it matters
Corporate treasury buying yanks real supply off liquid exchanges. When major firms consistently soak up thousands of coins onto their balance sheets, it signals long-term conviction over short-term speculation. If you hold or trade crypto, watching how fast public companies lock up bitcoin gives you a direct look at sustained institutional demand.
Source: The Block
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