Corporate Treasury Demand Returns as Strategy and Strive Scoop $182M in Bitcoin
Public firms Strategy and Strive executed a combined $182.7 million Bitcoin purchase, absorbing over 2,300 BTC as prices broke past $86,000. The aggressive accumulation signals a revival in institutional balance-sheet allocation following months of corporate sector lulls and macro headwinds. Capital deployment from major holders confirms that treasury absorption remains a dominant catalyst for spot price expansion.
Corporate balance sheets are flexing again as Strategy and Strive deployed a combined $182.7 million to scoop up 2,305 Bitcoin. The fresh capital influx pushed Bitcoin above $86,000, shrugging off both a recent Federal Reserve interest rate hike and legislative roadblocks in Washington.
Strategy resumed its accumulation with a $75.7 million purchase after a strategic pause, bringing its total treasury holdings to a massive 846,000 BTC. Concurrently, asset manager Strive added 1,355 BTC to solidify its position as the fifth-largest corporate bitcoin holder with over $2.2 billion locked on its balance sheet.
This dual pivot marks a decisive turn for corporate treasuries, which faced forced selling and operational shifts earlier this year. The willingness of top holders to absorb supply mid-rally demonstrates deep institutional conviction, turning corporate balance sheets back into a structural floor for spot market liquidity.