Strive Buys More Bitcoin While Sitting on a $292 Million Paper Loss

Bitcoin (BTC) treasury firm Strive purchased 1,110 BTC for roughly $81.5 million last week, lifting its treasury to 21,356 coins. The purchase cut Strive’s average cost to $93,257 per coin from $94,345. However, its Bitcoin reserve still carries a paper loss of more than $292 million. Strive Keeps Buying While Its BTC Reserve Stays Underwater