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Strive Adds 1,109 Bitcoin, Now Holds 16,500 BTC — Seventh-Largest Corporate Treasury

Strive Adds 1,109 Bitcoin, Now Holds 16,500 BTC — Seventh-Largest Corporate Treasury

Strive acquired another 1,109 Bitcoin this week, boosting its corporate treasury to 16,500 BTC. The purchase pushes the firm into seventh place among the world's largest corporate Bitcoin holders.

The numbers

The addition brings Strive's total holdings to 16,500 Bitcoin. That's enough to rank seventh globally among publicly traded companies that hold the cryptocurrency on their balance sheets. Strive didn't disclose the average price paid or the exact dates of the recent buys, but the accumulation is now public.

Where Strive lands

Being seventh-largest means six corporate treasuries hold more Bitcoin. Strive's stash is still well behind the top few, but the ranking shows how quickly it has stacked. The company first began buying Bitcoin earlier this year and has added steadily. This latest chunk of 1,109 BTC is one of its larger single purchases.

No guidance on next steps

Strive hasn't said whether it plans to keep buying or if this is a pause. The firm's treasury strategy isn't fully public, but the purchase signals it sees Bitcoin as a long-term reserve asset. For now, it sits at 16,500 BTC and holds the seventh spot.