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Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC


Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC

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Strive Asset Management expanded its exposure to Bitcoin by purchasing an additional 2,500 BTC for just over $185 million. The sizable institutional buy signals continued confidence in crypto despite recent market uncertainty and could act as a bullish catalyst for BTC price, adoption and market sentiment across CEXs and DeFi.

Bullish

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Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm’s CEO minutes ago.

The acquisition of an additional 2,500 BTC, bought for just over $185 million, signals continued institutional confidence in the asset despite recent market uncertainty and Strategy’s latest move.

Read the article at CryptoPotato

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Coins

$ 64.30K

-3.61%

$ 0.00248

-17.3%

Predictions Markets

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View analytics →
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