Strive Buys More Bitcoin While Sitting on a $292 Million Paper Loss

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Strive, a Bitcoin treasury company, purchased 1,110 BTC for approximately $81.5 million last week, increasing its total holdings to 21,356 coins. This purchase lowered its average cost per coin from $94,345 to $93,257. Despite the acquisition, the company still holds a paper loss exceeding $292 million on its Bitcoin reserves. The firm continues to accumulate Bitcoin despite the unrealized losses.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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