Strive Adds $143 Million in Bitcoin as Treasury Firms Pile Back In

In brief

• Strive bought another 1,800 BTC for roughly $143 million at an average price of $79,431 per coin, raising its total holdings to 23,156 BTC, worth about $1.76 billion, CEO Matt Cole said.
• The purchase extends an aggressive accumulation strategy for the firm, which trades as ASST after merging with Asset Entities..
• It lands amid renewed sector buying: Strategy broke a two-month pause with a $370 million purchase, and Bitmine made its largest Ethereum buy since June.

Strive is continuing to stack Bitcoin, snapping up another 1,800 BTC worth roughly $143 million as the asset manager expands one of the larger corporate crypto treasuries.

CEO Matt Cole said Monday the company paid an average price of $79,431 per coin for the latest tranche, lifting Strive's total holdings to 23,156 BTC. At the reference price cited in the disclosure, that stash is valued at roughly $1.76 billion.

The purchase extends an aggressive accumulation strategy for the firm, which trades on the Nasdaq under the ticker ASST following its merger with Asset Entities earlier this year. Strive, initially co-founded by entrepreneur turned politician Vivek Ramaswamy, recently added $81 million in Bitcoin alongside a share sale, part of a steady cadence of buying as it builds out its treasury.