Strive’s Bitcoin Holdings Reach 35,595 BTC After $515 Million in Purchases
BTC when published $81,778Now $80,595 ▼ −1.45% since it was published
Massive accumulation: Strive bought 6,133 BTC for ~$515 million in under two weeks, boosting total holdings to 35,595 BTC. Top 4 corporate holders: The buying spree pushed Strive past MARA into 4th place among public corporate bitcoin holders. Capital expansion: Funded via warrant exercises ($369.2M expected) and a proposed $500M 15% preferred stock (SATS) offering. Strive Inc. purchased an additional 2,822 bitcoins for approximately $235 million across Oct. 12 and 13, bringing its total holdings to 35,595 BTC, according to an 8-K filing dated Oct. 14. The transaction was announced one day after the company stated it had acquired 3,311 BTC for nearly $280 million in the preceding week. The two purchases push Strive past MARA’s most recently reported bitcoin holdings, placing it fourth among public companies holding the asset.
First reported by NFTevening. This page is a short excerpt; the full text is theirs.
