Strive has added to its position again, and the company's treasury continues to move its chips toward BTC.
According to NewsBTC, Strive disclosed that it bought 1,355 BTC for approximately $107.7 million, with an average price of about $79,475. Its own Bitcoin treasury also increased to 26,355 BTC. This refers to the company’s assets and liabilities statement, not customers’ fund holdings.
If you look at this purchase within the same period, Strive and Strategy have both continued to add, which does reinforce the narrative of “institutional accumulation.” However, the buy price is already at a high level, and in the short term it will be more about whether BTC can gather volume and hold the key price zone.
Do you care more about this kind of corporate treasury buying, or more about whether the price range can be defended?
Figure 1: Strive increases its holdings by 1,355 BTC · Highlights
Image source: https://www.newsbtc.com/news/strive-adds-1355-bitcoin-as-corporate-treasury-reaches-26355-btc/
According to NewsBTC, Strive disclosed that it bought 1,355 BTC for approximately $107.7 million, with an average price of about $79,475. Its own Bitcoin treasury also increased to 26,355 BTC. This refers to the company’s assets and liabilities statement, not customers’ fund holdings.
If you look at this purchase within the same period, Strive and Strategy have both continued to add, which does reinforce the narrative of “institutional accumulation.” However, the buy price is already at a high level, and in the short term it will be more about whether BTC can gather volume and hold the key price zone.
Do you care more about this kind of corporate treasury buying, or more about whether the price range can be defended?
Figure 1: Strive increases its holdings by 1,355 BTC · Highlights
Image source: https://www.newsbtc.com/news/strive-adds-1355-bitcoin-as-corporate-treasury-reaches-26355-btc/
