✉news BusinessCrypto first seen 4 d ago, last 4 d ago, peak #6
Strive buys 3,311 bitcoin for $280 million
Original: Strive buys 3,311 bitcoin for $280 million in largest acquisition since January
Asset manager Strive has purchased 3,311 bitcoin for roughly $280 million, its largest acquisition since January. The purchase adds to a growing list of companies holding bitcoin on their balance sheets, a strategy popularized by MicroStrategy that firms use to hedge against inflation and attract investors seeking crypto exposure through equities.
Why now: Corporate bitcoin treasury purchases continue to draw attention as companies expand their crypto holdings despite market volatility
Evidence
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