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Regulation

Strive Adds 3,311 Bitcoin as Its Treasury Reaches 32,773 BTC

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Strive added 3,311 bitcoin between October 5 and October 9, raising its corporate treasury from 29,462 BTC to 32,773 BTC. The purchase averaged roughly $84,500 per bitcoin, including fees and expenses, according to an October 13 SEC filing . The acquisition was worth approximately $280 million based on that disclosed average price, The Block reported ; Strive reported $310.3 million in cash and cash equivalents at the end of the purchase period. October purchase takes holdings to 32,773 BTC The reported buying took place over five days, from October 5 through October 9. Strive’s filing places the average cost of the 3,311 BTC at approximately $84,500 per coin, with fees and expenses included in that figure.

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