Strive Buys $280 Million in Bitcoin, Its Largest Purchase in Months
60-second summary
Nasdaq‑listed asset manager Strive purchases $280 million of Bitcoin at roughly $84,500 each, its biggest buy in months, pushing its holdings to 32,773 BTC during a volatile week. The sizable inflow signals confidence despite recent price dips, potentially supporting Bitcoin’s rebound and encouraging other institutional investors to re‑enter the market overall trend.
The Nasdaq-listed asset manager bought the Bitcoin at an average of about $84,500 during a rough week for the market, lifting its total stash to 32,773 BTC.