Bitcoin treasury company Strive said it bought 1,110 Bitcoin last week at an average price of about $73,409, marking a sharp increase from its previous weekly buying pace. As of Aug. 21, the company held 21,356 BTC in total. Strive also disclosed holdings of 505,000 shares of Strategy STRC preferred stock with a fair value of about $48.57 million, along with roughly $171.9 million in cash. The update outlines the company’s latest treasury position across Bitcoin, preferred equity exposure, and cash reserves.
Bitcoin treasury company Strive said it bought 1,110 BTC last week at an average price of about $73,409, according to an announcement cited by BlockBeats on Aug. 24. The company said the latest purchase was significantly larger than its previous weekly buying scale.
As of Aug. 21, Strive held 21,356 BTC in total. It also held 505,000 shares of Strategy STRC preferred stock with a fair value of about $48.57 million, as well as about $171.9 million in cash.
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