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

Market News
17 Aug 2026
Crypto Briefing
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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.

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