Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins
CoinDesk
Strive has increased its bitcoin treasury to 16,500 coins after acquiring an additional 1,109 BTC at an average price of $76,989.Summary
Strive (ASST) recently disclosed the acquisition of 1,109 bitcoin, purchased at an average price of $76,989 per coin over a four-day period ending May 22. This purchase brings the company's total bitcoin holdings to 16,500 BTC, solidifying its position as the seventh-largest publicly traded holder of the cryptocurrency. In addition to the bitcoin acquisition, the company reported an increase in cash reserves to $93.3 million and announced plans to evaluate its at-the-market programs, which could provide further flexibility for future capital raises and asset accumulation.
(Source：CoinDesk)