Add as a preferred source on GoogleStrive Buys 4,045 Bitcoin, Holds 36,818 BTC as of Oct. 16
The purchase was Strive’s fourth consecutive weekly increase in buying volume, bringing its four-week total to 10,463 BTC.
Strive, Inc. bought 4,045 Bitcoin (BTC) from Oct. 12 through Oct. 16, bringing its holdings to 36,818 BTC as of Oct. 16 after four consecutive weeks of larger purchases.
The latest purchases had an average price of about $82,803 per BTC, including fees and expenses. Strive acquired 1,223 BTC from Oct. 14 through Oct. 16 at an average of about $81,734 per coin.
Strive bought 10,463 BTC over the four weeks beginning Sept. 21. Its weekly purchases rose from 1,107 BTC to 2,000 BTC, then to 3,311 BTC and 4,045 BTC. The latest weekly amount was the largest in that period.
The company’s previous 32,773 BTC holdings total followed its 3,311 BTC purchase in the preceding week. The new 36,818 BTC figure reflects its holdings as of Oct. 16.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.