Strive Buys 2,500 Bitcoin As Price Falls

CryptoProwl

Tue, June 2, 2026 astatine 8:19 AM CDT 1 min read

Investment absorption steadfast Strive (NASDAQ: $ASST) has acquired 2,500 further Bitcoin (CRYPTO: $BTC) arsenic the terms of the largest cryptocurrency continues to fall.  

Strive said connected societal media that it spent $185.2 cardinal U.S. to bargain Bitcoin astatine an mean terms of $74,092 U.S. per coin implicit the past week.

The latest acquisition builds connected Strive’s caller Bitcoin accumulation. The institution bought 1,109 BTC astatine an mean terms of $76,989 U.S. the week of May 22.

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Strive present owns a full of 19,000 Bitcoin worthy $1.3 cardinal U.S. astatine existent prices. The plus manager is 1 of the apical 10 firm holders of BTC successful the world.

The latest acquisition by Strive comes arsenic Strategy (NASDAQ: $MSTR), the largest firm Bitcoin holder, disclosed its archetypal merchantability of Bitcoin successful 4 years.

Strategy sold 32 Bitcoin for proceeds of $2.5 cardinal U.S. implicit the past week, sparking a selloff successful BTC and the broader crypto market.

Bitcoin is trading astatine $69,000 U.S. connected June 2, beneath the cardinal enactment level of $70,000 U.S. 

Separately, analysts astatine Wall Street brokerage Benchmark initiated sum of Strive’s banal with a Buy standing and a $32 U.S. terms target, implying 93% upside for the shares. 

ASST banal has declined 88% implicit the past 12 months to commercialized astatine $17.20 U.S. per share.