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Strive leapfrogs Coinbase, Riot with latest $85.4 million bitcoin buy

The Block·May 26Read the full story →

Hex37's read

  • Strive acquired $85.4 million in Bitcoin.
  • This purchase makes Strive the 7th largest corporate Bitcoin holder.
  • Strive now holds more Bitcoin than Coinbase and Riot Platforms.

What it means for traders

  • Increased institutional demand for Bitcoin could signal positive market sentiment.
  • Monitor Strive's future holdings and other institutional investors' moves.

Affected markets

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