Strive Adds 789 BTC, Corporate Treasury Tops 14,000 BTC

Strive disclosed it purchased 789 bitcoin in its most recent company update, bringing its corporate bitcoin treasury to just over 14,000 BTC.

The company confirmed the number of coins added but did not disclose the dollar amount spent or the average price paid for the latest tranche.

Strive reported the purchase as part of a multi-year accumulation program that has increased its bitcoin holdings across several reporting periods.

The updated balance will be recorded on the company's balance sheet as its reported digital-asset position.

Strive did not specify how it financed the purchase. The disclosure focused on the updated bitcoin balance and did not address operational impacts, plans for selling the coins or using them as collateral.

Community-maintained tallies of corporate bitcoin holdings and future financial reports will reflect the new total.

Over recent years, several public companies have reported bitcoin purchases and disclosed holdings on their balance sheets. Corporate approaches to holding bitcoin differ by firm.