Strive Holdings announced the acquisition of 1,223 Bitcoin at an average price of about $81,734 per coin, a transaction valued at nearly $100 million.
The new purchase brings Strive’s Bitcoin balance to 36,818 BTC, up from the 2,822 BTC it acquired the week before the latest buy.
The acquisition is timed with the company’s upcoming $630 million SATS offering of 15% preferred stock, which follows a $369 million inflow from exercised warrants in the same financing round.
Bitcoin traded at $82,062 on the day of the announcement, up 0.7% over the previous 24 hours, indicating a modest positive market backdrop to the purchase.
The scale of Strive’s buy underscores a growing willingness among corporate treasuries to allocate capital to Bitcoin, potentially reinforcing the asset’s perception as a long‑term store of value.
This story was compiled by the Tradexus News Desk with the help of AI.
