Strive buys 15,124 Bitcoin in October, closes in on top treasury holders
Bitcoin treasury company Strive reported a strong third-quarter net income of $509 million and significantly expanded its holdings by purchasing 15,124 BTC in October. This substantial acquisition brings Strive's total Bitcoin reserves to 43,124 BTC, positioning it among the top corporate treasury holders.
- BTC
Significant corporate purchase of Bitcoin by Strive.
Strive, a company focused on Bitcoin treasury management, has announced robust financial performance and a significant increase in its digital asset holdings. The company reported a net income of $509 million for the third quarter, demonstrating strong profitability. In October alone, Strive executed a substantial purchase of 15,124 Bitcoin, further bolstering its reserves. This strategic acquisition has increased its total Bitcoin holdings to 43,124 BTC. These latest purchases place Strive among the leading corporate entities holding Bitcoin on their balance sheets. The company's continued accumulation signals confidence in Bitcoin as a long-term treasury asset.
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