Strive Buys 2,000 Bitcoin and Discloses a Buyback Facility for Its Preferred Stock

Strive Buys 2,000 Bitcoin and Discloses a Buyback Facility for Its Preferred Stock

The bitcoin treasury company now holds 29,462 BTC, and its CEO said 61.5% of the capital it raised came from its SATA preferred stock.

Strive Buys 2,000 Bitcoin as Its Treasury Push Picks up Steam

Strive bought 2,000 bitcoin for roughly $169 million in a single week, lifting its treasury total to 29,462 BTC. The purchase was about six times larger than Strategy’s latest 334 BTC addition, even though Strategy still controls a stack roughly 29 times Strive’s size. Strive funded the expansion partly through SATA preferred stock and $56.7 […]

Strive Inc adds US$169M in bitcoin

The Oct. 5 filing shows 29,462 bitcoin held on Oct. 2 as effective common and preferred share counts both rose over the prior week.

Strive Completes Its Third-Largest Bitcoin Purchase, Adding 2,000 BTC

It was also the second-biggest completed this year.