Overview
- Strive reported in a corporate filing that it bought 79 Bitcoin between August 10 and August 14, raising its total holdings to about 20,246 BTC.
- Blockonomi and CoinCentral say the company paid about $63,231 per coin for the lot, a roughly $5 million outlay that matches Strive’s disclosure.
- Crypto Briefing reported a different execution window (July 20–24) and a higher average price near $65,723, creating a reporting discrepancy over timing and per‑coin cost.
- The stock ticked up about 2.96% after the announcement, and Strive’s cash balance sits near $154–154.8 million, which management has said it will use for further Bitcoin accumulation.
- Strive’s strategy traces back to its September 2025 Semler Scientific merger that added thousands of BTC and shifted the firm to a Bitcoin‑treasury model financed through cash, equity issuances, and preferred products, a move that raises questions about dilution, volatility, and governance for investors.