Strive Buys 6,106 Bitcoin in a Month at Average Price of About $80,375
JOON HYOUNG LEE
Summary
- Strive said it recently bought 6,106 Bitcoin over the past month.
- The company said the Bitcoin was acquired at an average purchase price of about $80,375, for a total of $490.77 million.
- Strive said its Bitcoin holdings stand at 27,462, the fifth-largest amount among publicly traded companies worldwide.
Forecast Trend Report by Period
Strive, a U.S. corporate Bitcoin treasury company, bought more than 6,100 Bitcoin over the past month.
Lookonchain data showed Strive bought 6,106 Bitcoin between Aug. 24 and Sept. 25. The average purchase price was about $80,375 per Bitcoin, for a total of $490.77 million.
According to BitcoinTreasuries, Strive held 27,462 Bitcoin as of Sept. 30. That ranked fifth among publicly traded companies worldwide.
Strive has been funding its Bitcoin purchases through measures including the issuance of its perpetual preferred stock, SATA.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul