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Strive Lifts Bitcoin Holdings to 36,818 BTC Ahead of $700 Million SATS Settlement

Strive Lifts Bitcoin Holdings to 36,818 BTC Ahead of $700 Million SATS Settlement
Photo: Unchained

BTC when published $82,505Now $80,568 ▼ −2.35% since it was published

Strive (Nasdaq: ASST) now holds 36,818 bitcoin after buying 1,223 BTC between Oct. 14 and Oct. 16, the company disclosed in a Form 8-K filed Monday, paying an average of about $81,734 a coin, fees and expenses included. That purchase completes a week in which Strive added 4,045 BTC in total, at an average of roughly $82,803. The first 2,822 BTC of the week, bought on Oct. 12 and Oct. 13, had already been announced on Oct. 14. Strive held 32,773 BTC as of Oct. 9. Over the same stretch, cash and cash equivalents rose to $317.5 million from $310.3 million. The Dallas-based company also holds 505,000 shares of Strategy’s STRC preferred stock, valued at $49.3 million as of Oct. 16.

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

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

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