Strive adds 2,000 Bitcoin to treasury
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- Strive, Inc (NASDAQ:ASST) bought 2,000 Bitcoin for about $169 million.
- The purchase lifted its holdings to 29,462 Bitcoin at an average $84,422 per coin.
- Strive ended September with $284.7 million in cash and 28,000 Bitcoin.
Strive, Inc (NASDAQ:ASST) bought 2,000 Bitcoin (BTC) between September 28 and October 2.
The purchase cost about $169 million at an average $84,422 per Bitcoin, including fees and expenses.
Strive now holds 29,462 Bitcoin, up from 27,462 Bitcoin on September 25.
The company held $284.7 million in cash and 28,000 Bitcoin at September 30.
Strive acquired 8,137 Bitcoin during the third quarter at an average $78,885 per coin.
The filing shows its Bitcoin holdings were worth $2.34 billion at September 30.
Strive reported a 63.2% year-to-date Bitcoin yield, with Bitcoin trading at $83,577 on September 30.
Following the announcement, Strive shares were up 0.77% at $30.26.
