Source: CryptoBriefing
Original Title: Strive stock jumps 15% as Bitcoin treasury grows to $715M
Original Link:
Strive stock rose about 15% during Monday’s session. The rally came alongside a rise in Bitcoin prices to $94,000, representing a 3% advance over 24 hours.
The publicly traded asset management company focused on Bitcoin treasury strategies announced the purchase of approximately 102 Bitcoin, bringing its total holdings to 7,627 BTC, worth about $715 million.
The acquisition places Strive at 14th on the Bitcoin 100 ranking. The company has positioned itself as a leader among asset managers embracing Bitcoin as a core treasury component, pursuing what it describes as shareholder-focused strategies aimed at long-term capital discipline.
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GasFeeNightmare
· 01-08 17:21
Another story of someone else's financial freedom. I'm still here calculating how much gas fee I can save.
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RugpullAlertOfficer
· 01-06 08:01
Bitcoin has risen to 94,000, and Strive is following suit with a 15% increase. It feels like just riding along with the market's sugar rush.
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ChainSauceMaster
· 01-05 18:47
Bitcoin breaks 94k, and Strive is up another 15%... With this momentum, making money is easy.
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TokenEconomist
· 01-05 18:46
actually, let me break this down—the correlation here isn't coincidental. when you've got $715M in btc holdings, that 15% stock pop is basically reflecting the asset's underlying value floor, ceteris paribus. think of it like traditional banking, except the reserve currency is volatile as hell lol
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BlockchainWorker
· 01-05 18:45
Bitcoin soars to the sky, and this wave of Strive's rally is also normal. To be honest, it's still BTC driving the market.
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WalletManager
· 01-05 18:43
715M BTC treasury, wow... this is truly on-chain value storage. A 15% increase is a bit modest, considering Bitcoin is already at 94K.
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AirdropCollector
· 01-05 18:24
Bitcoin hits 94k, and strive's this wave of riding the coattails is going pretty well, but it seems to be mainly following the rise of Bitcoin. The 715 million treasury sounds impressive, but only those who can truly hold on count.
Strive stock jumps 15% as Bitcoin treasury grows to $715M
Source: CryptoBriefing Original Title: Strive stock jumps 15% as Bitcoin treasury grows to $715M Original Link: Strive stock rose about 15% during Monday’s session. The rally came alongside a rise in Bitcoin prices to $94,000, representing a 3% advance over 24 hours.
The publicly traded asset management company focused on Bitcoin treasury strategies announced the purchase of approximately 102 Bitcoin, bringing its total holdings to 7,627 BTC, worth about $715 million.
The acquisition places Strive at 14th on the Bitcoin 100 ranking. The company has positioned itself as a leader among asset managers embracing Bitcoin as a core treasury component, pursuing what it describes as shareholder-focused strategies aimed at long-term capital discipline.