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Strive Acquires Additional BTC
Cryptocurrency exchange platform Strive has acquired an additional 124 Bitcoin (BTC) for $10 million, increasing its total holdings to 43,124 BTC. This acquisition follows a record purchase of 6,182 BTC for over $511 million just a week prior. The company's cash reserves decreased from $504.4 million to $490.4 million, with existing cash primarily funding the recent bitcoin purchase.