Home Strive Expands Bitcoin Treasury With Fresh $1.3M BTC Purchase

Strive Expands Bitcoin Treasury With Fresh $1.3M BTC Purchase

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Strive Expands Bitcoin Treasury With Fresh $1.3M BTC Purchase
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Strive, the asset management firm and Nasdaq-listed company, has purchased an additional 20 Bitcoin for approximately $1.3 million. Strive CEO Matt Cole revealed the acquisition in an X post on Monday, claiming it raises the company’s overall Bitcoin holdings to 20,020 BTC.

Based on a Bitcoin price of $62,924, such assets were worth at almost $1.26 billion as of 4:00 p.m. EST on July 31, 2026, according to an official SEC filing. The most recent purchase, according to the company, was made at an average price of almost $63,191 per Bitcoin, including fees and expenditures.

Strive’s continuing Bitcoin treasury strategy has remained uninterrupted with the most recent acquisition. The business purchased Bitcoin in earlier weeks, according to earlier regulatory filings.

With over 20,000 BTC on its balance sheet, the company’s financial performance is still strongly correlated with changes in the price of Bitcoin. The value of those assets might be significantly impacted over time by changes in the cryptocurrency’s market value, much like with other corporate Bitcoin treasury techniques.

 

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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