Strive has expanded its Bitcoin portfolio by acquiring 1,110 BTC for $81.5 million, increasing its total holdings to 21,356 Bitcoin. According to CoinTelegraph, the company paid an average price of $73,409 per Bitcoin for this latest purchase.
This move led to a significant market reaction, with Strive's shares listed on Nasdaq surging more than 11%. The investment underlines Strive's continued confidence in Bitcoin as a core asset, reflecting growing institutional interest in the cryptocurrency sector.
For Japanese investors, this development highlights the ongoing trend of major firms increasing their crypto exposure amid fluctuating equity markets and evolving regulatory landscapes in Japan.