Strive, a public investment firm, has acquired 1,375 Bitcoin for approximately $109 million between August 31 and September 4. The average cost per Bitcoin was around $79,281, inclusive of all related fees.
This acquisition boosted Strive's total Bitcoin reserves from 23,156 to 24,531 BTC. In addition, as of September 4, the firm reported holding $202.6 million in cash and equivalents, alongside 505,000 preferred STRC shares valued at $49.4 million.
