Strive (ASST) purchased 1,109 bitcoin at an average price of roughly $76,989 per coin in the four days ended May 22, according to a Tuesday filing.
The latest acquisition brings the company’s total bitcoin holdings to 16,500 $BTC, up from 15,391 $BTC. Strive is now the seventh-largest publicly traded company holding bitcoin.
Alongside the increase in bitcoin holdings, Strive also reported higher cash and cash equivalents, which rose to $93.3 million from $87.3 million. The company’s holdings of Strategy Inc.’s STRC preferred stock also increased slightly in value to over $50 million.
coindesk.com