Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC

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Strive purchased 1,223 Bitcoin between October 14 and October 16 for approximately $100 million, at an average price of about $81,734 per Bitcoin, bringing its total holdings to 36,818 BTC. The previous week, the company had already acquired 2,822 Bitcoin, illustrating the acceleration of its Bitcoin treasury strategy. Strive now ranks among the largest publicly traded Bitcoin owners, a position that tightly links its share valuation to the price of Bitcoin and raises questions about funding costs, dilution, and the risks of buying into volatile markets.

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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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