Strive Acquires 124 Bitcoin to Reach 43124 Total Holdings

Dallas-based firm Strive bought 124 Bitcoin for approximately 10 million dollars, according to Decrypt and Bitcoin Magazine. Decrypt reported that the acquisition brings the company's total crypto treasury holdings to 43,124 Bitcoin, which is worth roughly 3.3 billion dollars at recent prices. [1][5]

According to Decrypt, Strive currently ranks fourth among publicly listed companies in corporate Bitcoin holdings. It trails Twenty One Capital by 390 coins and Metaplanet by 876 coins, according to Bitcoin Treasuries data cited by Decrypt. Bitcoin Magazine separately reported that Strategy acquired 811 Bitcoin for 65.5 million dollars during the same week. [1][5]

Decrypt reported that Strive's total stash represents about 0.2 percent of the maximum supply of 21 million Bitcoin. The firm was co-founded by Vivek Ramaswamy and operates as a publicly listed treasury company that accumulates Bitcoin on its balance sheet. [1]

In broader treasury market developments, CryptoSlate reported that the United States Department of the Treasury held approximately 1,016 billion dollars at the Federal Reserve on October 28. CryptoSlate noted that upcoming financing decisions and potential cash drawdowns in November will test funding conditions for digital asset markets. [2]