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Strive Adds More Bitcoin as Total Holdings Rise Above 24,500 BTC

Strive has continued its custom of saying its newest bitcoin purchases on X on Monday or the primary enterprise day of the week, just like what Michael Saylor does for Strategy. In the instance, after Labor Day got here minutes in the past, as CEO Matt Cole outlined a significant $109 million BTC acquisition for 1,375 items, accrued at a median value of $79,281.

Thus, the corporate’s stash has elevated additional and has now reached 24,531 BTC. Given the cryptocurrency’s present price ticket of $78,200, this places the USD valuation of Strive’s stash at simply over $1.9 billion.

Recall that the corporate introduced an much more vital buy final week when it added 1,800 BTC for $143 million at an analogous common value.

Unlike the occasions from eight days in the past, although, there’s a significant discrepancy now. Back then, Strategy additionally outlined its first BTC buy in over two months. Now, although, Saylor’s firm stated it has stood on the sidelines whereas refocusing on repurchasing STRC shares.

The submit Strive Adds More Bitcoin as Total Holdings Rise Above 24,500 BTC appeared first on CryptoPotato.

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