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Bitcoin

Strive acquires 4,045 BTC at $82,803 as Bitcoin hovers near $81,000

Image: CoinTurk News

Strive has expanded its Bitcoin reserves, securing 4,045 BTC worth about $335 million last week as the leading cryptocurrency traded just below $81,000. The latest move brings Strive’s total Bitcoin purchases over the last two months to 15,462 BTC, valued at $1.27 billion. Blockchain analytics firm Lookonchain reported that Strive acquired 4,045 BTC at an average price of $82,803 during the most recent week. Over the previous two months, Strive bought 15,462 BTC at a cumulative average of $82,417 per coin. The company’s ongoing accumulation comes as the Bitcoin market faces significant uncertainty. Market watchers have noted that while corporate purchases like this can signal institutional confidence in using Bitcoin as a treasury asset, they do not necessarily lead to immediate price gains.

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