Public asset management firm Strive has once again reaffirmed its status as one of the largest institutional holders of bitcoin. In its latest transaction, the company acquired 1,800 BTC, paying an average of $79,431 per coin. This transaction, reflected in a recent filing with the SEC, increased the company's total reserves to 23,156 BTC.
Such a confident move by Strive is not just a one-off purchase but part of a consistent strategy to accumulate the leading cryptocurrency. Actions like these by public corporations are becoming an important signal for the market, demonstrating that institutional players view bitcoin not as a speculative asset but as a long-term reserve instrument.
Position in the ranking of corporate holders
According to my calculations based on data from the Bitcoin Treasuries aggregator, after this addition, Strive has risen to fifth place on the list of public companies by bitcoin reserve volume. This achievement is especially notable against the broader trend: more and more firms from the traditional financial sector are revising their treasury strategies in favor of digital assets.
The average entry price of $79,431 indicates that Strive's management is acting prudently, not succumbing to short-term market fluctuations. In conditions where bitcoin demonstrates volatility, such purchases in significant volumes strengthen confidence in the asset's resilience as a store of value.
My expert view: Strive's reserve buildup is yet another confirmation that corporate demand for bitcoin remains structural rather than cyclical. If such accumulation rates persist, we may see a revision of fair value estimates for BTC by major investment houses in the coming quarters.