Strive's increased Bitcoin holdings highlight growing corporate interest in cryptocurrency as a strategic asset, influencing market dynamics.
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Strive added 6,182 BTC to its treasury and reached 43,000 BTC after a purchase valued at $511 million. The firm also opened a program to issue preferential shares SATS for up to $1 billion, while trying to approach the second place among public companies with more bitcoin, which occupies Metaplanet.
Strive CEO Matt Cole has re-shared the company's Bitcoin holdings; as of October 16th, the balance stands at 36,818 BTC. Purchases made in October were filed as 4,045 BTC.