Strive has reportedly added another 759 Bitcoin to its corporate coffers, keeping the publicly traded companies’ BTC accumulation race alive as Bitcoin trades near the $65,000 level.
TL; DR
- An X-trending summary says Strive bought 759 BTC at an average price of around $65,850.
- The reported purchase would increase Strive’s holdings to 19,864 BTC.
- The update places Strive among the larger Bitcoin holders of publicly traded companies.
- The story adds to a busy day for BTC Treasury headlines, with Strategy also reporting a new purchase.
The X-trend summary, last updated shortly before publication, states that Strive purchased 759 BTC at an average price of $65,850 per coin, bringing its holdings to 19,864 BTC with a value of approximately $1.25 billion. The summary also noted that the purchase would keep Strive behind larger holders like Strategy in the Bitcoin treasury rankings of publicly traded companies.
Business demand for Bitcoin remains the focus
The reported buying comes as Bitcoin trades around $65,101, with intraday data showing a high around $65,123 and a low around $63,226. That puts Strive’s reported average purchase price close to the current spot market, making the timing more interesting for traders watching to see if corporate demand helps absorb supply.
Strive has already been active in the Bitcoin treasury space this year. Previous documents and reports showed the company building its BTC position through previous purchases, and this latest update suggests the strategy is continuing even as Bitcoin remains below previous cycle highs.
Why this matters for Bitcoin
Corporate buying of Bitcoin does not guarantee immediate price movement. However, it does shape market psychology. When public companies add BTC during a period of turmoil, bulls may argue that structural demand remains. Bears, meanwhile, can focus on whether these purchases will be financed by issuing shares and whether that model can remain attractive if Bitcoin continues to rise.
The comparison with Strategy is inevitable. Michael Saylor’s company also reported a new BTC purchase today, while increasing its USD reserve. That creates a broader theme: Bitcoin corporate bonds are still piling up, but investors are paying more attention to the balance between BTC exposure, cash reserves and financing structure.
What to watch next
The next important step is confirmation via company registrations or a direct company declaration. Summaries of X-trends may evolve and should be checked against primary disclosures before treating the numbers as final. If confirmed, the reported total of 19,864 BTC would further cement Strive as one of the more visible names in the corporate Bitcoin treasury category.
For Bitcoin traders, the bigger question is whether repeated sovereign buying can help keep BTC supported around $63,000-$65,000, or whether macro and leverage-driven selling will still force another test lower.
This article was written by the News Desk and edited by Samuel Rae.