Strive Buys 73 More Bitcoin at Average Price of $63,646

Strive bought 73 additional Bitcoin, expanding its holdings as more companies adopt Bitcoin treasury strategies.

Matt Cole, Strive's chairman and chief executive officer, wrote in a post on X on June 15 that the company acquired 73 Bitcoin for about $4.7 million.

The average purchase price was about $63,646 per Bitcoin. The purchase came as Bitcoin was attempting to rebound near $65,000.

Strive is among the companies that view Bitcoin as a core reserve asset. Additional purchases by companies including Strive and Strategy are being interpreted in the market as a sign of long-term demand for holding Bitcoin.