Strive Buys 124 Bitcoin for $10 Million, Climbs Treasury Rankings to Fourth Place

Strive, the asset management firm founded by Vivek Ramaswamy, has purchased an additional 124 Bitcoin for approximately $10 million, according to public disclosures. This acquisition brings Strive's total Bitcoin holdings to 2,584 BTC, moving it up to fourth place among publicly traded companies with Bitcoin treasuries. The company now trails Twenty One Capital by just 390 BTC for the third spot, intensifying competition in the corporate Bitcoin accumulation race. The purchase highlights a growing trend of firms using Bitcoin as a treasury reserve asset, seeking to hedge against inflation and currency devaluation. With Bitcoin's price volatility and increasing institutional adoption, Strive's move signals confidence in the cryptocurrency's long-term value. As more companies follow suit, the rankings among top Bitcoin-holding firms could shift rapidly, making the next few months critical for corporate crypto strategy.