Strive Buys the Dip — Adds Nearly 18 Bitcoin While Prices Fall, and Here's Their Strategy
(88 days ago) · 1 source · Summarized by CryptoBipto
Strive (ticker: ASST) has added 17.76 Bitcoin to its holdings, taking advantage of falling BTC prices to boost its quarterly yield. The move signals the company's continued commitment to a Bitcoin treasury strategy, using price dips as buying opportunities.
WHY IT MATTERS
Imagine a company deciding to stockpile gold every time the price drops — that's essentially what Strive is doing with Bitcoin. Instead of keeping all their cash in a bank account, some public companies now buy and hold Bitcoin as a long-term investment. When the price dips, they can buy more Bitcoin for the same amount of money, which makes each share of their stock represent more Bitcoin. This is called 'Bitcoin yield.' For everyday investors, it means you can get exposure to Bitcoin's potential upside simply by buying shares of companies like Strive on the stock market, without needing to set up a crypto wallet or deal with exchanges directly.
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