Strive has expanded its Bitcoin treasury by acquiring 6,182 BTC during the week ending October 23. The company purchased these assets at an average price of $82,732 per coin, marking its largest single acquisition since it began incorporating the cryptocurrency into its balance sheet.
Following this transaction, Strive’s total Bitcoin holdings have surpassed 43,000 BTC. This shift allows the company to overtake MARA Holdings, which currently holds 35,577 BTC, and secure its position as the fourth-largest corporate holder of the asset globally.
The company’s current holdings place it in close proximity to other major corporate investors. Strive is now approximately 1,000 BTC behind Metaplanet and has narrowed the gap with Twenty One Capital, which holds 43,514 BTC.
Alongside its crypto expansion, Strive reported a significant increase in its liquidity position. The company’s cash and cash equivalents grew from $317.5 million to $504.4 million over the same period.
