TLDRStrive purchased 79 BTC for about $5.2 million between July 20 and July 24.The latest purchase increased Strive’s total Bitcoin holdings to 20,000 BTC.The company paid an average price of $65,723 per Bitcoin, including fees.Strive’s Bitcoin treasury is now worth roughly $1.3 billion.The company can raise to $4.2 billion through its capital program.Strive has purchased 79 Bitcoin, lifting its total holdings from 19,921 BTC to 20,000 BTC. The company spent about $5.2 million between July 20 and July 24.The average purchase price stood at $65,723 per coin, including fees. Its current Bitcoin reserve is worth about $1.3 billion based on market prices.Strive Expands Bitcoin Treasury PositionStrive adopted Bitcoin as a treasury asset in September 2025. Since then, the company has used capital raised through stock sales to support its buying plan.Strive can raise to $4.2 billion under its approved capital program. It plans to direct much of that funding toward additional Bitcoin purchases as cash becomes available.Strive completed its merger with Semler Scientific in January 2026. The all-stock deal added more than 5,000 BTC to the company’s balance sheet without using cash.The structure left Strive with room to fund new purchases. It also gave the company access to cash raised through sales of ASST and SATA shares.Cash Position Supports Further PurchasesStrive reported cash reserves of $157.4 million in July, up from $154.1 million. However, it also posted a quarterly net loss of $393.6 million.The company focuses on increasing Bitcoin per share rather than only raising its total coin count. Strive follows a model similar to Strategy, the largest corporate Bitcoin holder.Strategy holds more than 843,000 BTC, while Twenty One Capital owns over 43,500 BTC. Metaplanet holds about 43,000 BTC but has paused purchases.Other firms have reduced exposure. Satsuma Technology sold 579 BTC in December and approved the sale of its remaining 668 BTC this month.Smarter Web Company and Nakamoto have also sold part of their reserves. Strategy paused purchases as Strive continued adding Bitcoin to its treasury.The post Strive Expands Treasury With Fresh Bitcoin Purchase appeared first on Blockonomi.