NewsBTC
4 hours ago
Bullish

Strive buys 1,355 BTC at $79,475, corporate treasury hits 26,355 BTC

1 min

Strive disclosed the purchase of 1,355 BTC at an average price of about $79,475, increasing its corporate Bitcoin treasury from 25,000 BTC to 26,355 BTC. The disclosure covers Strive’s own balance sheet, not third-party fund assets.

Corporate Treasury Position

  • Total holdings: 26,355 BTC on Strive’s balance sheet.
  • New purchase: 1,355 BTC at approximately $79,475 per coin.
  • Scope: Treasury assets only; excludes any Bitcoin held for clients or funds.

Context and Market Positioning

  • Strive’s addition places it among active public-company Bitcoin accumulators during September’s price range around $79,475.
  • The filing indicates continued corporate adoption: firms are not only holding Bitcoin but financing larger balance-sheet allocations.
  • Distinction: Strive’s reported figure reflects proprietary holdings, unlike asset managers that custody Bitcoin for third parties.

Primary source: SEC filing.