Strive Expands Treasury With Fresh Bitcoin Purchase

Strive increased its Bitcoin treasury by buying 79 BTC for about $5.2 million between July 20 and July 24, lifting holdings to 20,000 BTC. The average acquisition price was $65,723 per coin, and the treasury is now valued at roughly $1.3 billion. The move reinforces Strive’s strategy of using capital markets and share sales to accumulate Bitcoin as a balance-sheet asset. The company says it can still raise up to $4.2 billion under its capital program, suggesting more purchases could follow. While Strive’s cash balance rose slightly to $157.4 million, it also reported a quarterly net loss of $393.6 million. The article also contrasts Strive’s continued accumulation with other corporate Bitcoin holders that have paused or trimmed reserves, highlighting a split in treasury management approaches across the sector.