MarketPR
A $109 million Bitcoin purchase between Aug.
4 pushed Strive Asset Management's total $BTC inventory to 24,531 coins, worth roughly $1.9 billion at current prices, and lifted its preferred-stock funding vehicle to $999 million in notional value outstanding.
CEO Matt Cole confirmed the 1,375-coin acquisition in a post on X, noting an average purchase price of $79,281.
The accumulation rate Chief Risk Officer Jeff Walton detailed the throughput in a companion post: holdings climbed 5.9% in a single week, from 23,156 BTC to 24,531 BTC, and have grown 21.1% over three consecutive weeks, from a starting inventory of 20,245 BTC.
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