Strive Hits 20,000 BTC Milestone With Fresh Buy

Strive just grew its crypto treasury by adding another 79 coins, pushing its total stash to an even 20,000 Bitcoin. The firm spent roughly $5.2 million between July 20 and July 24, picking up the assets at an average price of $65,723 each. This latest purchase brings the company total to about $1.3 billion worth of Bitcoin since adopting the asset back in September 2025.

The firm is funding these purchases using cash reserves, which sat at $157.4 million in July, alongside an authorized capital raise program aiming for $4.2 billion to convert into crypto. Strive focuses on growing its Bitcoin per share faster than spot prices rather than just accumulating coins, following a strategy similar to other major corporate holders like Strategy.

While Strive continues its aggressive buying spree, other corporate holders are slowing down or selling off their stacks. Firms like Satsuma Technology and Metaplanet have paused or divested portions of their reserves, and Strategy recently halted its own purchases. Traders will be watching to see if Strive can maintain this accumulation pace while the broader corporate treasury trend shifts.