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Strive Adds 1,223 Bitcoin, Lifting Treasury to 36,818 BTC

Strive Adds 1,223 Bitcoin, Lifting Treasury to 36,818 BTC
Photo: Altcoin Buzz

BTC when published $81,893Now $80,595 ▼ −1.59% since it was published

Strive held 36,818 bitcoin as of October 16, up 4,045 coins from the 32,773 it reported a week earlier, according to the Form 8-K the Dallas-based company filed on Monday. Cash and cash equivalents rose to $317.5 million from $310.3 million over the same week, and its 505,000 shares of Strategy's STRC preferred stock were valued at $49.349 million, down from $50.328 million on October 9. The company said it paid an average of about $81,734 a coin for the 1,223 bitcoin it bought between October 14 and October 16, and about $82,803 across the full 4,045-coin week. The update lands a day before Strive's preferred stock offering is due to settle.

First reported by Altcoin Buzz. This page is a short excerpt; the full text is theirs.

Read the full story at Altcoin Buzz (opens in a new tab)

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