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Strive Adds 1,109 Bitcoin, Holdings Reach 16,500 BTC
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Strive Asset Management purchased an additional 1,109 Bitcoin for about $85.4 million, paying an average price of roughly $76,988 per coin. The acquisition raises Strive’s total Bitcoin holdings to 16,500 BTC as the firm continues expanding its treasury strategy. Strive also reported a quarterly BTC yield of 11.0% and a year-to-date yield of 23.4%, highlighting strong portfolio growth during Bitcoin’s rally. Markets are now watching whether more institutional treasury firms follow the same accumulation strategy as corporate demand for Bitcoin continues rising.
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