Strive Buys 1,110 More Bitcoin for $81.5 Million, Pushing Holdings to 21,356 BTC

Strive purchased an additional 1,110 bitcoin for around $81.5 million between August 17 and August 21, raising its total bitcoin holdings to 21,356 BTC, according to a filing with the Securities and Exchange Commission. The coins were bought at an average price of $73,409 each, marking a 5.5% increase from its previous holdings.

Strive Remains Among Top Corporate Bitcoin Holders

The company now ranks as the seventh-largest public bitcoin holder, trailing firms like Strategy, Twenty One Capital, Metaplanet, MARA, and Bitcoin Standard Treasury Company. Strategy, the largest holder, recently sold shares worth about $2 billion but did not buy or sell bitcoin during the same period, instead boosting its cash reserves.

Bitcoin Price Rally Fuels Confidence

The purchase comes as bitcoin surged nearly 25% last week, nearing $80,000. Strive’s CEO expressed strong confidence that the bitcoin bear market has ended, pointing to recent price strength against both the US dollar and gold as key indicators of a shifting market trend.