Strive Buys 1,109 BTC, Lifting Total Bitcoin Holdings to 16,500

PANews, May 26: Asset manager Strive has purchased 1,109 BTC for about $85.4 million, paying an average of roughly $76,988 per bitcoin. The firm said its Bitcoin position now totals 16,500 BTC. As of the current quarter, it reported an 11.0% return to date, a year-to-date return of 23.4%, and a Bitcoin amplification ratio of 45.2%.