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Strive’s 79 BTC Buy: Sources Disagree on Dates, Price

CryptoBriefing and Bitcoin.com News both report Strive's purchase of 79 BTC but give conflicting purchase windows and average prices for the transaction.

Original AltcoinGordon illustration for: Strive’s 79 BTC Buy: Sources Disagree on Dates, Price
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CryptoBriefing and Bitcoin.com News both report Strive's purchase of 79 BTC but give conflicting purchase windows and average prices for the transaction.

What all sources agree on

  • Strive purchased 79 additional BTC for its corporate treasury.
  • The purchase brought Strive's total Bitcoin holdings to approximately 20,246 BTC.
  • Strive held roughly $154 million in cash reserves around the time of the purchase.
  • Strive is a Dallas-based asset management firm trading on Nasdaq under the ticker ASST.
  • Strive's Bitcoin treasury strategy expanded significantly following an all-stock merger with Semler Scientific.

Where the reports disagree

1Dates and average price of the 79 BTC purchase

The latest 79 BTC acquisition, executed between July 20 and July 24 at an average price of roughly $65,723 per coin, fees included.

CryptoBriefing

Strive bought 79 BTC from Aug. 10-14, lifting holdings to 20,246 bitcoin.

Bitcoin.com News

What would settle it: Strive's SEC filing or corporate disclosure detailing the transaction date and cost basis of the 79 BTC purchase.

What to make of it

Treat the size of the purchase (79 BTC) and the resulting total holdings (~20,246 BTC) as established, but the exact purchase window and average price per coin remain unresolved between the two reports.

Treat the size of the purchase (79 BTC) and the resulting total holdings (~20,246 BTC) as established, but the exact purchase window and average price per coin remain unresolved between the two reports.