Strive Buys 18 More Bitcoin at Average Price of $64,028
Summary
- Strive said it bought 18 additional Bitcoin after spending about $1.2 million.
- The average purchase price for the latest Bitcoin purchase was $64,028 per coin.
- Strive has continued to steadily increase its Bitcoin holdings, and the market is watching accumulation by listed companies and institutions.
Strive has bought 18 additional Bitcoin.
Matt Cole, the company’s chairman and chief executive officer, wrote on X on July 13 that Strive spent about $1.2 million last week on the purchase.
The average purchase price was about $64,028 per Bitcoin.
A screenshot Cole posted showed Bitcoin trading at $62,793.10 at the time, indicating Strive paid more than the market price for the latest purchase.
Strive has continued to steadily increase its Bitcoin holdings in recent weeks. The market is watching whether accumulation by listed companies and institutions will continue even during a bear market.
minriver@bloomingbit.ioHello, I'm a reporter at bloomingbit