Strive saw its Bitcoin treasury surge by approximately $68.8 million in a single day, bringing its holdings to over 20,000 BTC and ranking the company among the top ten publicly listed corporate Bitcoin holders globally. The firm now holds between $1.3 billion and $1.4 billion in crypto assets, representing a roughly fourfold increase in less than eight months. CEO Matt Cole has made Bitcoin the company’s principal reserve asset, effectively turning its stock into a leveraged play on Bitcoin’s price movements. The company maintains over $150 million in cash liquidity to continue purchasing on the open market.
Source: Read the original article

