Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC

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Strive acquired $335 million in Bitcoin, bringing its total holdings to 36,818 BTC. The company also announced raising approximately $369 million from warrant exercises in early October, resulting in the issuance of 13.7 million common shares and a 12.4% increase in its effective share count. Strive launched SATS, a new preferred stock issue carrying a fixed 15% annual dividend, payable starting November 9. The company priced a $630 million offering of the new preferred shares, with proceeds potentially funding additional Bitcoin purchases. Strive (ASST) shares were up about 7.7% at $25.95 in late-morning trading on Monday.

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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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