Strive acquired 4,045 Bitcoin for approximately $335 million between October 12 and 16, funding the purchase through the exercise of warrants covering 13.7 million shares that generated approximately $369.2 million in expected gross proceeds. The average purchase price was approximately $82,803 per Bitcoin, including fees. The company now holds 36,818 Bitcoin, representing roughly $3 billion in value at current prices. Strive has also priced a $630 million preferred stock offering, set to settle on October 20, to continue buying Bitcoin.
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