Key facts
- Strive acquired 2,500 Bitcoin for approximately $185.2 million.
Strive buys 2,500 Bitcoin for $185.2 million
IN SHORT
Strive acquired an additional 2,500 Bitcoin for approximately $185.2 million, bringing its total holdings to 19,000 BTC. The company also plans to increase its at-the-market fundraising programs by $4.2 billion to further accelerate Bitcoin purchases.
Key Numbers
2,500Bitcoin acquired
$185.2 millionTotal acquisition cost
$74,092Average cost per bitcoin
19,000Total Bitcoin holdings
$4.2 billionPlanned fundraising expansion
Who's Involved
Strive, Inc.
Treasury company that acquired Bitcoin
Vivek Ramaswamy
Founder of Strive
Matt Cole
CEO of Strive
↳ Why This Matters
This significant purchase by Strive, a company focused on treasury management, underscores continued institutional interest in Bitcoin as a store of value and highlights the growing trend of corporations adding digital assets to their balance sheets.