- Strive purchased 18 BTC for approximately $1.2 million.
- Strive Bitcoin Holdings increased to 19,900 BTC.
- Average purchase price was $64,028 per Bitcoin.
The Strive Bitcoin Holdings portfolio expanded again after the company purchased 18 Bitcoin for approximately $1.2 million. According to CEO Matt Cole, the latest BTC purchase was completed at an average price of $64,028 per coin. The acquisition lifts Strive Bitcoin Holdings to 19,900 BTC, strengthening the company’s long-term Bitcoin treasury strategy.
Strive Bitcoin Holdings Continues Steady Growth
Matt Cole shared the latest update on X, confirming the company spent about $1.2 million on the additional Bitcoin. The average acquisition price stood at $64,028 per BTC.
Following the purchase, Strive Bitcoin Holdings reached 19,900 BTC. Based on current market values, the company’s Bitcoin treasury is worth approximately $1.27 billion, making it one of the larger publicly traded corporate holders.
Strive Bitcoin Holdings Reflect Ongoing Treasury Strategy
The latest Strive Bitcoin Holdings increase comes as investors monitor whether listed companies will continue accumulating Bitcoin during weaker market conditions. While Bitcoin traded around $62,793 when Cole shared the update, the company’s purchase price was slightly higher than the quoted market value.
The steady expansion of Strive Bitcoin Holdings highlights continued confidence in Bitcoin as a treasury asset despite recent market volatility.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
