Strive disclosed Tuesday that it purchased an additional 1,109 bitcoins for roughly $85.4 million, pushing the Vivek Ramaswamy-founded company ahead of Coinbase and Riot Platforms among public corporate bitcoin holders.
The bitcoin treasury company said it bought the (BTC) between May 19 and May 22 at an average price of just under $77,000 per coin.
The purchase lifted Strive's total holdings to 16,500 BTC, according to a newly filed 8-K disclosure.
The move now makes Strive the seventh-largest public bitcoin holder ahead of Coinbase Global, which has 16,492 BTC on its balance sheet.
Strive jumps to seventh rank. Source: BitcoinTreasuries
