Strive Asset Management purchases 1,109 BTC, bringing total holdings to 16,500 BTC

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Strive Asset Management added 1,109 BTC to its holdings at an average price of $76,988 per BTC, totaling $85.4 million. The firm now holds 16,500 BTC, sustaining its consistent purchasing pace. BTC dominance in the company’s treasury remains strong, with a quarterly return of 11.0% and 23.4% year-to-date. The market is watching to see if more firms will follow suit.
CoinDesk reports:

Strive Asset Management recently increased its Bitcoin holdings again, purchasing 1,109 BTC for a total of approximately $85.4 million. Based on the disclosed price, the average cost per Bitcoin was about $76,988.

After this purchase, Strive’s total Bitcoin holdings increased to 16,500 BTC. The company continues to include Bitcoin in its treasury allocation, maintaining its previous pace of accumulation.

Position and earnings data

The company disclosed that the additional purchase corresponds to a quarterly BTC return of 11.0% and a year-to-date return of 23.4%.

  • Additional purchase: 1,109 BTC
  • Transaction amount: approximately $85.4 million
  • Average price: approximately $76,988 per coin

The market is now watching to see whether more institutional treasury firms will follow suit with similar allocations. As corporate buying increases, institutional demand for Bitcoin continues to draw attention.

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