Strive stock surged 15% as the bitcoin treasury rose to $715 million.
Key receivers
Strive received approximately 102 Bitcoin, bringing the total to 7,627 BTC. Shares of Strive rose 15 percent in intraday trading on Monday.
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In Yahoo Finance, Strive stock rose 15 percent in Monday's session. The rally was accompanied by an increase in the price of Bitcoin to $94,000, representing a 3% increase in 24 hours.
A publicly traded asset management company that specializes in Bitcoin investment strategies announced today that it has purchased approximately 102 Bitcoins, bringing its total holdings to 7,627 BTC, worth approximately $715 million.
The purchase puts it 14th on the Bitcoin 100 ranking, as tracked by BitcoinTreasuries.net.
The company has positioned itself as a leader among asset managers accepting Bitcoin as a core component of treasury by pursuing shareholder-focused strategies focused on long-term capital discipline.
