Strive Raises Bitcoin Holdings to 25,000 BTC After $36.6M Buy

Strive increased its Bitcoin holdings to exactly 25,000 BTC after buying $36.6 million worth of Bitcoin, company treasury updates show.

Strive increased its Bitcoin holdings to exactly 25,000 BTC after a $36.6 million purchase, the company’s latest treasury update shows.

The acquisition was executed to bring the firm’s balance to the 25,000-BTC milestone. The additional coins were added to custodial accounts and are recorded as part of Strive’s long-term asset allocation.

The update did not disclose the average price paid per coin or the trading venues used for the transactions. Company documents describe the purchase as part of an ongoing program to increase exposure to Bitcoin and note that future buys will be reported in routine treasury disclosures.

The filing did not include plans to sell any portion of the newly acquired holdings. The $36.6 million purchase represents only a small share of the 25,000-coin position, reflecting accumulation over a longer period.

Strive presented 25,000 BTC as an exact tally and confirmed standard custody and security measures are in place without providing operational details. Executives offered no further comment beyond the published summary.

The update indicated the firm will continue to disclose its Bitcoin balance in future reports and did not note any immediate changes to custody providers or to its approach toward holding Bitcoin.

The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.

Articles by this author