Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder

Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its balance sheet between August 24 and August 28, spending roughly $143 million at an average price of $79,431 per BTC, including fees.

Impact on Holdings

The acquisition raised Strive’s total Bitcoin balance to 23,156 BTC, up from 21,356 BTC a week earlier, representing an 8.4% increase in five business days.

Ranking Among Corporate Holders

With the new total, Strive moved ahead of Bullish to become the fifth‑largest publicly traded corporate Bitcoin holder, according to industry data.

Market Context

The purchase coincided with a broader rebound in Bitcoin prices, which rose more than 23% to above $81,000 after the U.S. Treasury announced plans to double certain long‑term bond buybacks on August 19.

Industry Activity

Other major corporate players are also increasing exposure. Michael Saylor’s Strategy announced a restart of Bitcoin buying, acquiring 4,603 BTC at an average price of $80,318.