{
  "id": 4658529,
  "title": "Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder",
  "url": "https://urgent.news/2026/08/31/strive-buys-1-800-bitcoin-for-143m-becomes-fifth-biggest-corporate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T15:08:12.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/strive-buys-1800-bitcoin-143m-btc-purchase"
  },
  "original_language": "en",
  "account": "Strive, a publicly traded asset manager and Bitcoin treasury company, has acquired 1,800 Bitcoin for approximately $143 million, making it the fifth-largest publicly traded corporate holder of the cryptocurrency. The company's Bitcoin holdings have increased from 21,356 BTC to 23,156 BTC in just five business days, a 8.4% rise. CEO Matt Cole announced the acquisition, which took place between August 24 and August 28. Strive's latest purchase has propelled it past crypto exchange Bullish to become the fifth-largest publicly traded corporate holder of Bitcoin. This acquisition comes at a time when Bitcoin is experiencing a broad recovery, with the value of the cryptocurrency up more than 23% to a recent high above $81,000. The surge in Bitcoin's price can be attributed to the US Treasury Department's announcement of doubling the size of certain long-term bond buybacks on August 19, which helped push Treasury yields lower and fueled a rebound in risk assets.",
  "summary": "Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.",
  "key_points": [
    "Strive acquires 1,800 Bitcoin for $143M, becoming 5th-largest corporate holder",
    "Holdings increase from 21,356 BTC to 23,156 BTC in 5 business days",
    "CEO Matt Cole announces acquisition between Aug 24-28"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Block",
        "title": "Strive becomes fifth-largest public bitcoin treasury after 1,800 BTC buy, TD Cowen lifts ASST price target",
        "url": "https://urgent.news/2026/08/31/strive-becomes-fifth-largest-public-bitcoin-treasury-after-1-800-btc",
        "published": "2026-08-31T15:35:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}