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Decrypt· Decrypt Agent·· 18d ago

Strive Acquires 3,311 BTC in Largest Purchase Since January

Original source: DecryptRead original
AI brief

Strive, a Nasdaq-listed asset manager trading as ASST, bought 3,311 BTC worth approximately $280 million between Oct. 5 and Oct. 9 at an average price of about $84,500 per coin, marking its largest single purchase since January. This acquisition raises Strive's total Bitcoin holdings to 32,773 BTC, valued at roughly $2.73 billion, following prior purchases of $169 million and $94.5 million. The firm made this purchase while Bitcoin was below recent highs near $87,000, amid broader treasury activity from firms like Strategy and Solana’s DeFi Dev Corp.

Source: Decrypt · decrypt.co