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

BTC

BTC/USDT

$63,058.48

+0.00%

$63,058.48

+0.00%

(24s)

24h Volume

$2,455,008,117.77

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,057.37

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,303.26

Resistance 1$63,626.50

Price$63,057.37

Support 1$62,999.35

Support 2$61,868.90

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

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…