Strive Bitcoin ETF Hits 25,000 BTC Milestone with $36.6M Purchase

The Strive U.S. Bitcoin ETF (STRK) has surpassed a holding of 25,000 BTC following its latest weekly purchase, though the pace of accumulation has slowed compared to the prior week.
According to data reported by The Block, Strive acquired an additional $36.6 million worth of Bitcoin for its ETF. This latest purchase brought the fund’s total holdings past the 25,000 BTC threshold, a significant milestone for the issuer.
The acquisition volume represents a notable deceleration from the previous week, when Strive purchased approximately 1,375 BTC for about $109 million. The reduced buying activity this week contributed to the fund reaching its new milestone at a slower pace.
The Strive Bitcoin ETF is one of several spot Bitcoin ETFs approved in the United States that directly hold the underlying cryptocurrency. Its growing BTC treasury is closely watched as an indicator of institutional demand flowing into the regulated fund structure.
Original reporting: The Block