Strive Loads Up on Another 1,100 Bitcoin as Total Holdings Approach 27,500

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Strive spent $94.5 million to acquire 1,107 BTC at an average price of $85,400, bringing its total holdings to 27,462 units. The company shows an overall average acquisition cost of approximately $80,862, compared to Bitcoin’s current price around $83,300, valuing its holdings at roughly $2.3 billion, slightly in profit. These purchases are part of at least nine consecutive weekly acquisitions, funded primarily through its SATA financial product (Variable Rate Series A Perpetual Preferred Stock), with warrant exercises generating an additional $12.4 million, 85 percent of total capital raised coming from this structure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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