Strive Buys $335M in Bitcoin, Holdings Reach 36,818 BTC

Strive Buys $335M in Bitcoin, Holdings Reach 36,818 BTC

Strive purchased 4,045 Bitcoin for $335 million, bringing its holdings to 36,818 BTC and extending its lead over MARA as the fourth-largest public corporate Bitcoin holder.

Strive buys $335M in Bitcoin after $369M warrant windfall

Strive's aggressive Bitcoin acquisition strategy could significantly impact its market position, but shareholder dilution and dividend costs pose risks.

Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million

The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.

Strive’s Bitcoin Stash Hits Major Milestone as Buying Spree Continues - Invest In Crypto News

The company has announced three major acquisitions in the past 8 days alone. Strive CEO Matt Cole took to X to highlight the latest purchase completed by the company he runs, which accumulated another 1,223 BTC at an average price of $81,734 per unit. Consequently, Strive’s total holdings have hit 36,818 BTC, which, given the cryptocurrency’s price as of press time of just over $82,000, puts the USD value at more than $3 billion. Last …

Strive reports US$100M bitcoin purchase

A roughly US$100 million bitcoin purchase has followed a warrant exercise that expanded the common share base. Strive, Inc. (NASDAQ: ASST) (NASDAQ: SATA), the Dallas bitcoin treasury company, reported on Monday that it bought 1,223 bitcoin from Oct. 14 through Oct. 16, taking holdings to 36,818. The latest purchases averaged US$81,734 per bitcoin, including fees and expenses, according to the Oct. 19 filing. They complete a larger buying period …