Strive hits $1.77B market cap as Bitcoin treasury strategy pushes shares to $19.73
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Strive buys bitcoin and the move has not gone unnoticed. The Dallas-based asset manager acquired 1,110 bitcoins last week, its largest weekly purchase in months, and raised its treasury to 21,356 coins. The announcement, contained in a document presented to the SEC, triggered the listing of its shares. The company’s securities, which are listed in Nasdaq under the ASST ticker, rose more than 7% during Monday’s session. To understand the relevanc…
Strive adds $17.1 million to cash reserves after $81.5 milli
🚨 Strive boosted its cash reserves by $17.1 million while buying 1,110 $BTC. 🚀 The company spent $81.5 million on bitcoin, increasing its total holdings to 21,356 BTC. 📊 Strive now ranks as the seventh-largest public company in bitcoin ownership. 💡 Strive’s CEO believ...
Strive's Market Cap Reaches $1.7B, Overtakes Wendy's As Bitcoin Treasury Strategy Gains Traction
BitcoinWorld Strive’s Market Cap Reaches $1.7B, Overtakes Wendy’s as Bitcoin Treasury Strategy Gains Traction Shares of Strive (ASST), a Bitcoin treasury company, surged past $20 on Thursday, lifting its market capitalization to a record $1.7 billion and overtaking the market value of U.S. fast-food chain Wendy’s, according to data from BitcoinTreasuries.NET. The milestone underscores the growing investor appetite for companies that hold Bitcoi…
Strive hits $1.77B market cap as Bitcoin treasury strategy pushes shares to $19.73
Strive's Bitcoin strategy highlights a shift in investor preference towards digital assets, potentially influencing corporate treasury norms. The post Strive hits $1.77B market cap as Bitcoin treasury strategy pushes shares to $19.73 appeared first on Crypto Briefing.
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