Strive Accelerates Bitcoin Treasury Strategy with $490.77M Accumulation Surge
Corporate asset manager Strive has significantly expanded its treasury purchasing 6,106 $BTC valued at approximately $490.77 million between August 24 and September 25
The transactions were executed at an average cost basis of $80,375 per coin
reflecting an aggressive accumulation strategy as public companies continue to strengthen their balance sheets with digital assets
This substantial capital deployment underscores a growing trend of institutional conviction, where corporate treasuries treat $BTC as a core reserve asset rather than a speculative holding
Do you believe corporate accumulation will drive $BTC to new high ranges before the end of the year or will macro factors take center stage? Share your thoughts below
Source: Bitcoin Treasuries & Lookonchain
#crypto #news #bitcoin #elaouzi
Corporate asset manager Strive has significantly expanded its treasury purchasing 6,106 $BTC valued at approximately $490.77 million between August 24 and September 25
The transactions were executed at an average cost basis of $80,375 per coin
reflecting an aggressive accumulation strategy as public companies continue to strengthen their balance sheets with digital assets
This substantial capital deployment underscores a growing trend of institutional conviction, where corporate treasuries treat $BTC as a core reserve asset rather than a speculative holding
Do you believe corporate accumulation will drive $BTC to new high ranges before the end of the year or will macro factors take center stage? Share your thoughts below
Source: Bitcoin Treasuries & Lookonchain
#crypto #news #bitcoin #elaouzi
