From BigGo Finance · BigGo Finance · · 50s
Strive Buys 29 BTC for $2.2M
Strive adds 29 BTC to holdings, spending $2.2 million in latest purchase.
In brief
Strive adds 29 BTC to holdings, spending $2.2 million in latest purchase. Strive increased Bitcoin holdings by 29 BTC to 43,153 BTC after spending $2.2 million, marking a slowdown in accumulation compared to previous weeks. Originally reported by BigGo Finance.
Strive's Bitcoin Purchase
Strive added 29 BTC for $2.2 million between October 31 and November 6.
Purchase Price Details
Average price per BTC was $75,721, bringing holdings to 43,153 BTC.
Holdings Comparison
Strive ranks fourth among listed companies with 43,153 BTC, trailing Strategy by 847 BTC.
Slowed Accumulation Pace
Accumulation slowed from 6,182 BTC in the week ended October 23 to 29 BTC.
Strategy's Bitcoin Holdings
Strategy holds 850,364 BTC with an estimated unrealized loss of $277 million.
Market Reaction
Strive shares rose nearly 4% after the purchase, signaling mixed market interpretations.
In short
Strive increased Bitcoin holdings by 29 BTC to 43,153 BTC after spending $2.2 million, marking a slowdown in accumulation compared to previous weeks.
