Strategy and Strive bought $183 million in Bitcoin last week as BTC rally above $85,000 revived treasury trade
Bitcoin treasury companies Strategy and Strive acquired approximately $183 million worth of BTC last week, with Strategy Inc. purchasing 950 BTC for $75.7 million between Sept. 14 and Sept. 20, and Strive Inc. buying 1,355 BTC for $107.7 million between Sept. 14 and Sept. 18. This comes as Bitcoin surged above $85,000 on Monday, its highest level since January, extending a recovery of almost 30% from its August lows and helping corporate balance sheets recover losses.
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Source:CryptoSlate · Source Link
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