Strive Buys 789 Bitcoin for $61.43 Million, Holdings Reach 14,557 BTC

Chief executive Matt Cole said on X that Strive bought 789 Bitcoin at an average price of about $77,890, lifting its corporate treasury to 14,557 BTC as of April 24, 2026.

BTC

33d ago

Fact Check

The claim is directly supported by the primary source, Matt Cole on X: Strive has acquired 789 BTC for $61.43 million, which states all key figures in the claim: 789 BTC, $61.43 million, average cost about $77,890, and total holdings of 14,557 BTC as of 4/24/2026. Odaily and Panews independently repeat the same numbers and attribute them to Matt Cole's X statement, corroborating the claim. While I do not have an SEC filing or company newsroom page in the retrieved evidence, the original executive statement and matching secondary reports make the claim very likely true.

Summary

Strive purchased 789 Bitcoin for $61.43 million at an average cost of about $77,890 per coin, according to a disclosure by Chief Executive Matt Cole on X. The transaction increased the company’s Bitcoin treasury holdings to 14,557 BTC as of April 24, 2026, pushing its corporate reserve above 14,000 BTC. The purchase underscores Strive’s continued use of Bitcoin as a treasury asset and expands one of the larger publicly known corporate Bitcoin positions in the market.

Terms & Concepts

Bitcoin treasury: A corporate strategy of holding Bitcoin on the balance sheet as a reserve asset instead of, or alongside, cash and other investments.
BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.
Treasury reserve asset: An asset a company holds to preserve value, manage liquidity, or diversify corporate reserves.