Strive bought another 3,311 BTC worth roughly $280 million in its largest single purchase since January. Strive disclosed in a Monday filing that the purchases occurred between Oct. 5 and Oct. 9 at an average price of about $84,500 per coin, including fees. The purchase increased Strive's holdings from 29,462 BTC a week earlier to 32,773 BTC, worth roughly $2.73 billion at today's prices. Strive bought during a Bitcoin decline, below recent highs near $87,000. Strive's exposure can benefit the company if Bitcoin rebounds, but Bitcoin's volatility also creates downside risk.
