Strive Buys 469 More Bitcoin, Pushing Treasury to 25,000 BTC
Strive purchased 469 BTC for Strive reaches 25,000 BTC milestone with latest $36.6 million purchase.
, bringing its total bitcoin holdings to 25,000 BTC, according to The Block and Decrypt.
The purchase marks a slowdown from the prior week, when Strive bought 1,375 BTC for approximately The latest acquisition marks a slowdown from the prior week, when Strive purchased 1,375 BTC for approximately $109 million.
, according to The Block.
The acquisition was funded entirely through Strive’s SATA preferred stock, according to Cointelegraph and Decrypt. Decrypt reported that the purchase pushed SATA’s notional value past The asset manager funded the entire purchase through preferred stock, pushing SATA's notional value past $1 billion for the first time.
for the first time.
Cointelegraph described Strive as continuing its rapid climb among corporate bitcoin holders.
Sources: The Block, Cointelegraph, Decrypt
This article is for information only and is not financial advice.
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