TLDR Tech / Crypto
Strive Adds 382 BTC to Become Ninth Largest Public Holder
Strive, Inc. acquired 382 BTC for approximately $30 million at an average price of $79,348 per coin on May 19, bringing total holdings to 15,391 BTC valued near $1.2 billion at current prices. The purchase positions Strive as the ninth-largest publicly-traded corporate Bitcoin treasury, ranking ahead of Hut 8 and behind Riot Platforms. The acquisition is part of a $950 million capital initiative announced earlier in 2026, following a merger with Semler Scientific and a prior 789 BTC tranche that pushed holdings past 14,000 BTC. Bitcoin's spot price of approximately $76,800 at the time of the announcement implies a roughly 3% unrealized loss on the latest tranche.
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