“Bitcoin isn’t just a store of value—it’s now a foundation for institutional growth,” said Vivek Ramaswamy, after Strive’s $162 million Bitcoin buy propelled it past Galaxy Digital.
At an average price of $103,315, Strive, a Bitcoin treasury and asset management company, purchased 1,567 BTC, increasing its total holdings to 7,525 BTC.
According to BitcoinTreasuries.net, this action puts Strive ahead of Galaxy Digital, which has 6,894 BTC.
Strive’s purchase places it among the top 15 worldwide corporate Bitcoin holders, joining notable names like Tesla, CleanSpark, and Trump Media in boosting institutional Bitcoin acceptance.
The $80 per share profits from Strive’s SATA preferred stock IPO drove the business.
Matt Cole, CEO of Strive, claims that the company’s strategy introduces a 12% Return of Capital (ROC) yield model, giving investors exposure to Bitcoin through a non-dilutive framework.
Cole stated, “We’re developing a treasury model that combines the strength of Bitcoin with disciplined yield management.”
Strive’s new approach to Bitcoin represents a significant advancement in corporate Bitcoin finance and shows the increasing confidence of institutional investors. With this action, Strive keeps solidifying its position as one of the world’s fastest-growing Bitcoin treasury firms.
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