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Treasury · 4 sources · 44m ago

Strive (ASST) Buys 6,182 Bitcoin For $511 Million, Lifts Treasury To 43,000 BTC

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Summary

Compiled by Best of Bitcoin from 4 sources

Strive purchased 6,182 BTC for $511.4 million at an average of $82,732 per bitcoin, increasing its total holdings to 43,000 BTC. Strive's latest bitcoin purchase puts it within 1,000 BTC of second-place Metaplanet as it unveils a new $1 billion preferred stock offering program.

Key takeaways

  • Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase
  • Strive bought 6,182 more Bitcoin, bringing total holdings to 43,000 BTC, funded by warrant exercises and a $630 million preferred stock sale.

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