According to Huoxing Finance, on May 26, Matt Cole, CEO of Strive, disclosed on a social media platform that he increased his Bitcoin holdings by 1,109 BTC at an average purchase price of approximately $76,988 per BTC, for a total investment of about $85.4 million, bringing his total Bitcoin holdings to 16,500 BTC.
Strive CEO Buys 1,109 Bitcoin for $85.4M, Total Holdings Reach 16,500 BTC
MarsBitShare
Summary
On May 26, 2026, Bitcoin news emerged as Strive CEO Matt Cole revealed the company purchased 1,109 Bitcoin for $85.4 million, averaging $76,988 per coin. This increases Strive’s total Bitcoin holdings to 16,500. The purchase occurs amid ongoing analysis by market observers monitoring institutional accumulation trends.
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