From Dallas Express · Dallas Express · · 1m 10s
Dallas Strive Buys 3,311 Bitcoin
Dallas-based Strive adds 3,311 Bitcoin to holdings, reaching 32,773 coins.
In brief
Dallas-based Strive adds 3,311 Bitcoin to holdings, reaching 32,773 coins. Dallas-based Strive Inc. purchased 3,311 Bitcoin from October 5 to 9, lifting holdings to 32,773 coins at an average price of $84,500 per coin. Originally reported by Dallas Express.
Strive Adds 3,311 Bitcoin
Dallas-based Strive Inc. disclosed purchasing 3,311 Bitcoin from October 5 through October 9.
Average Price $84,500 Per Coin
The company purchased Bitcoin at an average price of approximately $84,500 per coin, including fees and expenses.
Holdings Reach 32,773 Bitcoin
Strive lifted its Bitcoin holdings to 32,773 coins after the purchase.
Previous Purchase
Strive bought 2,000 Bitcoin from September 28 through October 2 at an average price of $84,422 per coin.
Total Bitcoin Added
Together, the two purchases added 5,311 Bitcoin in two weeks.
Cash and Cash Equivalents
Strive's cash and cash equivalents rose $25.6 million during the week, from $284.7 million to $310.3 million.
Strive Describes Itself
Strive describes itself as a structured finance company that uses Bitcoin as a hurdle rate for capital deployment.
The main idea
Dallas-based Strive Inc. purchased 3,311 Bitcoin from October 5 to 9, lifting holdings to 32,773 coins at an average price of $84,500 per coin.
