Strive Acquires 1,375 BTC for $109 Million

Between August 31 and September 4, the public investment firm Strive purchased 1,375 BTC at an average price of $79,281, including fees and expenses. The total expenditure for this acquisition was approximately $109 million.

The company's reserves increased from 23,156 to 24,531 BTC. As of September 4, Strive also held $202.6 million in cash and equivalents, along with 505,000 preferred shares of STRC valued at $49.4 million.