Strive’s Bitcoin Treasury Reaches 43,000 BTC as It Files a $1 Billion SATS ATM
BTC when published $80,299Now $80,595 ▲ +0.37% since it was published
Strive bought 6,182 bitcoin between Oct. 17 and Oct. 23 at an average price of about $82,732 each, including fees, lifting its holdings to 43,000 BTC, the Nasdaq-listed company disclosed in a filing on Oct. 26. CEO Matt Cole put the cost of the week’s buying at $511.4 million in a post on X. On the same day, Strive filed a prospectus supplement for an at-the-market program that lets it sell up to $1 billion of its 15.00% Series A Perpetual SATS Preferred Stock over time. A week earlier, Strive held 36,818 BTC, and its 7 million-share SATS IPO had not yet closed. It closed on Oct. 20. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter.
First reported by Unchained. This page is a short excerpt; the full text is theirs.
