Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase
· strategic_reserves · Sentiment: neutral
Strive has acquired an additional $511 million in Bitcoin, bringing its corporate treasury close to overtaking MicroStrategy as the second-largest corporate Bitcoin holder. The purchase reflects continued aggressive accumulation by public companies seeking Bitcoin as a core treasury asset. Separately, Vanguard’s ETF has taken an initial position in Metaplanet, whose own Bitcoin strategy has positioned it among the notable corporate accumulators. The consensus signals sustained institutional adoption and corporate balance-sheet migration into Bitcoin. The key implication is that corporate treasuries are becoming a dominant and growing source of long-term Bitcoin demand.