Strive accelerates Bitcoin treasury growth with 1,355 BTC purchase

Bitcoin treasury — Asset manager Strive Asset Management has added 1,355 bitcoin to its corporate treasury, accelerating its accumulation toward a year-end goal of becoming the second-largest public holder of the cryptocurrency.

The purchase solidifies Strive’s position as the fifth-largest public bitcoin holder globally, according to data tracked by The Block. The firm now trails only Strategy, Twenty One, Metaplanet, and MARA in terms of publicly disclosed bitcoin holdings.

This latest acquisition marks a significant step in Strive’s publicly stated strategy to aggressively build its bitcoin reserves. The company has been vocal about its goal to secure a top-tier position among corporate treasuries by the end of the year, specifically targeting the number two spot.

The move highlights the continued trend of institutional and corporate adoption of bitcoin as a treasury reserve asset. Strive’s accelerated buying pace suggests confidence in its long-term value proposition and a strategic push to meet its ambitious year-end target.