BTC News: Strive Adds 2,500 Bitcoin to Hit 19,000 BTC Just a Day After Strategy Turns Seller

BTC news: Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller

Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.

Corporate Giant Eyes $4.2 Billion Bitcoin Expansion While Saylor Moves To Sell

Strategy, the company led by Michael Saylor, sold 32 Bitcoin worth roughly $2.5 million, marking its first Bitcoin sale since 2022. The transaction was carried out to meet dividend-related obligations tied to the firm’s preferred stock offerings, according to reports. Bitcoin’s largest corporate holder remains firmly committed to its long-term treasury strategy despite the sale, with holdings still standing above 843,000 BTC. Corporate Bitcoin B…

Strive Crosses 19,000 Bitcoin After $185.2 Million Single-Day Buy

Strive bought 2,500 Bitcoin on June 2 for $185.2 million. That’s an average of $74,092 per coin, and it pushed… Read the original on Strive Crosses 19,000 Bitcoin After $185.2 Million Single-Day Buy. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

As Strategy Sells Bitcoin, Strive Doubles Down With $4.2 Billion Offering

Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.

Strive Buys 2,500 Bitcoin, Holdings Reach 19K BTC as $4.2B Funding Plan Advances

Key Takeaways Strive increased its bitcoin holdings to 19,000 BTC, enhancing exposure to cryptocurrency price movements. • Cash and equivalents rose to …