Strive purchased 6,182 BTC for $511.4 million at an average price of $82,732 per bitcoin. The transaction, announced by CEO Matt Cole, exceeds previous purchases of 3,311 BTC and roughly 2,500 BTC. The company’s holdings have reached a record 43,000 BTC, valued at just under $3.5 billion. Strive also reported $554.6 million in cash and marketable securities, an increase of $187.7 million. The company launched a $1 billion ATM program for SATS preferred stock to finance further bitcoin purchases while remaining debt-free.
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