Decrypt· Tyler Warner·· 17d ago
Vivek's Strive Asset Management acquires 3,311 BTC for $280M, outpacing Michael Saylor's recent purchases
Original source: DecryptRead original
AI brief
Vivek's Strive Asset Management acquired 3,311 BTC for approximately $280 million between Oct. 5 and 9, averaging $84,500 per BTC, marking its largest single purchase since January. This purchase significantly outpaced Michael Saylor’s Strategy's 250 BTC acquisition for about $21.5 million during the same period. Strive's total BTC stack now stands at 32,773 BTC, valued around $2.73 billion. While Strategy maintains a much larger holding of 848,250 BTC (approximately $51 billion), Strive is currently the more aggressive buyer, planning to use proceeds from a $500 million preferred share sale to acquire more Bitcoin.
Source: Decrypt · decrypt.co