BlockBeats news: 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 Spends $85.4M to Purchase 1,109 Bitcoin, Total Holdings Reach 16,500 BTC
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Summary
Strive purchases 1,109 Bitcoin for $85.4 million, bringing its total holdings to 16,500 BTC. CEO Matt Cole announced the purchase on social media on May 26, 2026, noting an average price of $76,988 per coin. The acquisition reinforces growing interest in Bitcoin and altcoins to watch, as institutional demand remains robust.
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