Strive Bitcoin Treasury Reaches 21,356 BTC After New Purchase
TLDR:The Strive Bitcoin treasury reached 21,356 BTC after the company bought 1,110 coins for $81.5 million at an average $73,409.Cash increased to $171.9 million during the purchase week, showing Strive continued raising capital while expanding its Bitcoin balance.Class A shares rose by 3.65 million, making Bitcoin growth per diluted share the key measure for assessing treasury execution.Bitcoin reclaimed the 1,130-day moving average above $74,000, although continued support and spot demand remain necessary for confirmation. Strive expanded its Bitcoin position after buying 1,110 BTC for about $81.5 million between August 17 and August 21. The Strive Bitcoin treasury now holds 21,356 BTC, up from 20,246 BTC one week earlier. The company paid an average $73,409 per coin, including fees and expenses, its latest SEC filing shows. Meanwhile, Bitcoin traded near $79,400 on Monday after approaching $80,000, according to Coingecko data. That price placed the new coins above their reported acquisition cost. The purchase arrived after Bitcoin reclaimed a watched long-term moving average. Bitcoin (BTC) PriceStrive Bitcoin Treasury Expands With 1,110 BTC Purchase Strive funded the latest acquisition while its cash balance increased. Cash and equivalents rose from $154.8 million on August 14 to $171.9 million on August 21. The change suggests capital raising outpaced spending









