Bitcoin Treasury Buyer Strive Adds 1,110 BTC at $73,409 Avg
Corporate accumulation continues to underpin Bitcoin's price action. Strive disclosed a fresh purchase of 1,110 BTC for $81.5 million, paying an average price of $73,409 per coin — a level notably below current spot prices near $80,000, highlighting the profitability of recent treasury strategies.
The purchase lifts Strive's total holdings to 21,356 BTC, cementing its position among the more aggressive corporate Bitcoin treasury programs. News of the buy sent the company's Nasdaq-listed shares up more than 11% in the same session.
This kind of persistent institutional demand is being read by market participants as a structural support factor for BTC, adding a layer of buy-side pressure that helps absorb volatility even as spot prices trade near multi-month highs.
