Strive Adds 759 Bitcoin for $50 Million, Expands Treasury to 19,000 BTC
Strive acquired 759 Bitcoin for $50 million, bringing its total corporate treasury holdings to 19,000 BTC, according to a June 22 disclosure.
Strive acquired 759 Bitcoin for $50 million, expanding its corporate treasury holdings to 19,000 BTC, according to a June 22 disclosure. The asset management firm executed the purchase as part of its ongoing strategy to hold cryptocurrency as a reserve asset.
The transaction involved Strive as the acquiring entity, with no counterparties or regulatory filings identified in the available materials. The $50 million deployment represents the firm's latest addition to a treasury position that now totals 19,000 Bitcoin, valued at approximately $1.25 billion at current spot prices near $66,000.
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