Strive Adds 2,500 Bitcoin for $185.2M, Brings Total Holdings to 19,000 BTC

BTC-3.76%

According to an SEC 8-K filing, Strive purchased 2,500 Bitcoin between May 23 and June 1 for approximately $185.2 million, at an average price of $74,092 per BTC. The acquisition was funded primarily through the company's SATA preferred stock.

Strive's total Bitcoin holdings have increased to 19,000 BTC, up 15.2% from the previous 16,500 BTC. The company's CEO disclosed on X that Bitcoin gains reached 23% quarter-to-date and 36.7% year-to-date.

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