Strive’s Weekly Bitcoin Buying Shrinks for a Second Straight Week, to 29 BTC
By Unchained
AI summary of the source article
Strive bought 29 bitcoin between Oct. 31 and Nov. 6 for roughly $2.2 million, bringing its total holdings to 43,153 BTC. The purchase marked a second consecutive weekly decline in the company's bitcoin acquisitions.
Key facts
- Strive acquired 29 bitcoin for an average of about $75,721 per coin between Oct. 31 and Nov. 6, totaling roughly $2.2 million.
- The acquisition increased Strive's total bitcoin treasury holdings to 43,153 BTC.
- Strive's cash and cash equivalents decreased by $2.8 million over the week to $487.6 million as of Nov. 6.
Source excerpt · Unchained
Strive paid about $75,721 per coin from Oct. 31 to Nov. 6, the lowest average cost of its last three weekly purchases, a new SEC filing shows. The post Strive’s Weekly Bitcoin Buying Shrinks for a Second Straight Week, to 29 BTC appeared first on Unchained .