Strive leapfrogs Coinbase, Riot with latest $85.4 million bitcoin buy

60-second summary
Strive is leapfrogging Coinbase and Riot with its latest $85.4 million bitcoin buy, propelling it to the seventh-largest public corporate bitcoin holder, just behind Bullish. This significant investment showcases Strive's commitment to bitcoin, with its holdings now surpassing those of Coinbase and Riot. The move highlights growing institutional interest in the cryptocurrency.
Vivek Ramaswamy-founded Strive now ranks as the seventh-largest public corporate bitcoin holder, trailing Bullish.