Strive Buys $185M In Bitcoin, Holdings Hit 19,000 BTC

BTC

BTC/USDT

$84,063.20

+0.18%

$84,063.20

+0.18%

(24s)

24h Volume

$15,503,647,429.89

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Bitcoin Magazine Editorial

(01:20 PM UTC)

1 min read

Approved byMichael Roberts

0 comments

Strive, Inc. moved on weakness in bitcoin’s price, acquiring 2,500 BTC for roughly $185.2 million at an average of $74,092 per coin. The purchase, disclosed via an SEC Form 8-K filing on June 2, lifts the Dallas-based treasury company’s total bitcoin holdings to 19,000 BTC — planting it among the top ten publicly traded corporate holders of the asset.

Strive launched in 2022 as an anti-ESG…