Strive Buys $36.6M in Bitcoin, Holdings Hit 25,000 BTC

Strive Buys $36.6M in Bitcoin, Holdings Hit 25,000 BTC

Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.

Strive's Bitcoin Purchase of 25,000 Coins Raises Questions on Crypto Treasuries

Twenty-five thousand bitcoins. That’s what Strive, a Nasdaq-listed company, now holds after its latest purchase of 469 bitcoins at an… Read the original on Strive’s Bitcoin Purchase of 25,000 Coins Raises Questions on Crypto Treasuries. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Strive Tops 25,000 BTC Treasury After Adding 469 Bitcoin

Strive, a Nasdaq-listed Bitcoin treasury company and asset manager, disclosed that it bought 469 Bitcoin for roughly $36.6 million earlier this month. The purchase, recorded in a filing with the US Securities and Exchange Commission, increases Strive’s total holdings to 25,000 BTC. According to the filing, Strive acquired the BTC between Sept. 8 and Sept. [...]

Strive adds 469 Bitcoin to reach 25,000 BTC treasury

Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.

Strive crosses 25,000 Bitcoin after all-preferred 469 BTC buy

Strive (NASDAQ: ASST) bought 469 Bitcoin last week and paid for every coin with preferred stock, lifting its treasury to around 25,000 BTC.  That action also pushed the notional value of its main financing tool past $1 billion for the first time.  An all-SATA week, and the billion-dollar wall breaks The asset manager acquired the...