Strive CEO Hints at Additional Bitcoin Purchases as Treasury Reaches 43,000 BTC

Strive CEO Matt Cole has teased further Bitcoin acquisitions on social media platform X, sharing a treasury chart captioned 'New engine activated.' The hint comes as Strive holds approximately 43,000 BTC, which includes over 5,000 BTC acquired through a merger with Semler Scientific. Between October 17 and October 23, the company purchased 6,182 BTC at an average price of around $82,732 per coin, partly funded by a $630 million preferred stock offering. Following the capital adjustments, StoneX raised its price target on Strive by 34% to $43 with a Buy rating.