Strive Adds 1,800 Bitcoin, Climbs to Fifth-Largest Corporate Holder

Strive, a publicly traded asset manager focused on Bitcoin accumulation, purchased 1,800 Bitcoin last week for approximately $143 million, paying an average price of $79,431 per coin. The acquisition brought the company’s total holdings to 23,156 Bitcoin, up from 21,356 the previous week.

Rapid Accumulation Pace Continues

This marks the second consecutive week of major purchases for the company, following an earlier acquisition of 1,110 Bitcoin at a lower average price. Together, these purchases have increased Strive’s Bitcoin holdings by more than 8% within just five business days, reflecting an accelerating accumulation strategy.

Strive Moves Up the Corporate Holder Rankings

With this latest purchase, Strive has overtaken another major digital asset company to become the fifth-largest publicly traded corporate holder of Bitcoin, according to industry tracking data.

Broader Market Rebound Fuels Corporate Buying

Strive’s renewed buying activity comes amid a broader recovery in Bitcoin and the wider crypto market, which began after the U.S. Treasury Department announced plans to expand certain long-term bond buyback programs. That move contributed to lower bond yields and a rally in risk assets, with Bitcoin climbing more than 20% to reach recent highs above $80,000.

Strive is not alone in stepping up its Bitcoin purchases. Another major corporate holder also announced a return to buying this week after a pause of several months, adding thousands of Bitcoin to its treasury and pushing its total holdings back above previous levels.