Strive expanded its BTC treasury by 1,110 coins for about $81.5 million last week, bringing total holdings to 21,356 BTC and lowering the average cost to around $93,257 per BTC.

BeInCrypto, citing an Aug. 24 SEC filing, reports that the paper loss remains over $292 million on the reserve.

The purchases occurred between Aug. 17 and 21 at an average price of $73,409 per BTC, inclusive of fees and expenses.