A new large corporate Bitcoin purchase can add incremental demand and improve sentiment for BTC during a period of price weakness; impact is likely supportive but not single-handedly market-moving.
Strive Buys 2,500 Bitcoin As Price Falls CryptoProwl Tue, June 2, 2026 at 3:19 PM GMT+2 1 min read BTC-USD ASST MSTR STRC STRD Investment management firm Strive (NASDAQ: $ASST) has acquired 2,500 additional Bitcoin (CRYPTO: $BTC) as the price of the largest cryptocurrency continues to fall. Strive said on social media that it spent $185. 2 million U.
S. to buy Bitcoin at an average price of $74,092 U. S.
per coin over the past week. The latest purchase builds on Strive’s recent Bitcoin accumulation. The company bought 1,109 BTC at an average price of $76,989 U.
S. the week of May 22. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.
I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket Strive now owns a total of 19,000 Bitcoin worth $1. 3 billion U.
S. at current prices. The asset manager is one of the top 10 corporate holders of BTC in the world.
The latest purchase by Strive comes as Strategy (NASDAQ: $MSTR), the largest corporate Bitcoin holder, disclosed its first sale of Bitcoin in four years. Strategy sold 32 Bitcoin for proceeds of $2. 5 million U.
S. over the past week, sparking a selloff in BTC and the broader crypto market. Bitcoin is trading at $69,000 U.
S. on June 2, below the key support level of $70,000 U. S.
Separately, analysts at Wall Street brokerage Benchmark initiated coverage of Strive’s stock with a Buy rating and a $32 U. S. price target, implying 93% upside for the shares.
ASST stock has declined 88% over the last 12 months to trade at $17. 20 U. S.
per share.
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