Investment
Features
FeesSafety
Academy
More
Pluang+

Strive buys 79 Bitcoin, boosting holdings to over 20,000 BTC worth $1.3B

Market News
17 Aug 2026
Crypto Briefing
View Source
Bullish
Strive buys 79 Bitcoin, boosting holdings to over 20,000 BTC worth $1.3B

Strive, a Dallas-based asset manager, purchased 79 Bitcoin, raising its total holdings to around 20,246 BTC valued at over $1.3 billion. This follows a steady accumulation strategy including a major 759 BTC buy in June and smaller buys in July. The company's Bitcoin treasury grew significantly after merging with Semler Scientific in 2025, positioning Strive as a leading public Bitcoin holder. With $154 million in cash reserves, Strive may continue buying more Bitcoin, offering investors exposure to BTC via traditional equity without direct crypto management.

More News

Alkermes' ALKS7290 shows strong early results in ADHD treatment, boosting stock by 2.3%.

Alkermes' ALKS7290 shows strong early results in ADHD treatment, boosting stock by 2.3%.

Alkermes plc's drug ALKS7290 demonstrated significant improvement in ADHD symptoms in a Phase 1b trial, with patients showing a 14- to 19-point gain on a 54-point scale within two weeks. This outperforms typical placebo effects, which range from 6 to...

Market News
Bullish
1 hour ago
Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

Analyst Insights
Bullish
2 hours ago
Arm's shift to silicon manufacturing boosts chip demand and stock after supply improves.

Arm's shift to silicon manufacturing boosts chip demand and stock after supply improves.

Arm's stock fluctuated significantly in 2026 due to shifts in customer demand and supply confidence for its silicon manufacturing. Despite steady demand figures, the stock fell earlier in the year due to supply concerns but rallied strongly in Septem...

Market News
Bullish
4 hours ago
Bob's Discount Furniture targets strong growth with 500 showrooms and 9% annual revenue rise by 2035

Bob's Discount Furniture targets strong growth with 500 showrooms and 9% annual revenue rise by 2035

Bob's Discount Furniture is showing robust growth despite tough market conditions, with a market cap of $2.07 billion. Management aims to expand to 500 showrooms by 2035, achieve 9% annual revenue growth, and reach EBITDA of $683.7 million through di...

Analyst Insights
Bullish
4 hours ago
Bitcoin price jumps above $86,000 on massive short squeeze, nearing 2026 high.

Bitcoin price jumps above $86,000 on massive short squeeze, nearing 2026 high.

Bitcoin surged past $86,000, gaining 6% in a day and pushing its market cap to $1.72 trillion, close to its 2026 opening price of $87,575. The rally was driven by a massive short squeeze liquidating over $454 million in short positions within 24 hour...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App