BTC $85,513 -0.36% ETH $2,696 -0.58% BNB $778.91 -0.93% XRP $1.50 -0.69% SOL $120.58 -0.26% BTC $85,513 -0.36% ETH $2,696 -0.58% BNB $778.91 -0.93% XRP $1.50 -0.69% SOL $120.58 -0.26%
Markets Via The Block

Strive’s 2,000 Bitcoin Purchase Narrows Gap with Marathon

20240513_Bitcoin_News_10

Bitcoin purchase — Asset manager Strive Asset Management added another 2,000 bitcoin to its corporate treasury this week, closing the gap with rival Marathon Digital Holdings.

The purchase, executed on October 4, marks Strive’s largest single-day acquisition since late June. The company is among the most prominent corporate holders of Bitcoin.

This latest move brings Strive’s total bitcoin holdings to nearly 30,000 BTC, valued at over $1.8 billion at current prices.

The buy underscores the ongoing competition among public companies to build large BTC treasuries. Marathon remains the leader among U.S.-listed entities, with holdings exceeding 40,000 BTC.

Original reporting: The Block