Bitcoin Treasury Company Strive Increases Bitcoin Holdings by 2,500, Total Holdings Reach 19,000

Odaily Planet Daily News Strive has acquired 2,500 Bitcoins for approximately $185.2 million, at an average price of $74,092 per coin, bringing its total holdings to 19,000 Bitcoins. This increase occurred during a Bitcoin price correction, after Strive had previously purchased at a higher average cost.

Strive disclosed that its quarter-to-date BTC yield is 23.0%, and its year-to-date yield is 36.7%. Investment firm Benchmark has initiated coverage on Strive with a Buy rating and a price target of $32. (coindesk)