Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise
Strive has added another 1,223 BTC to its corporate treasury, spending approximately $100 million between Oct. 14 and 16 at an average price of $81,734 per bitcoin. The acquisition brings the Nasdaq-listed company’s holdings to 36,818 BTC, worth roughly $3 billion. Meanwhile, Strive is preparing to collect proceeds from a $630 million preferred-stock offering, potentially […]
Strive bought 1,223 BTC for about $100 million between Oct. 14 and 16 at an average price of $81,734 per bitcoin, lifting its treasury to 36,818 BTC worth roughly $3 billion. The Nasdaq-listed company is also preparing a $630 million preferred-stock offering, which could fund further purchases. Continued corporate accumulation of this size signals persistent institutional demand and is a modestly supportive signal for BTC price sentiment.
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1H AGOYou’re reading thisStrive Buys 1,223 Bitcoin While Preparing a $630 Million Cash RaiseBitcoin.com News · Score 55
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1H AGOCointelegraph · Score 55 · via Strive buys, 1,223
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3H AGOCrypto Briefing · Score 55 · via $335M, $335M Bitcoin
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4H AGOThe Block · Score 55 · via 1,223, 1,223 bitcoin
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5H AGOBeInCrypto · Score 55 · via 36,818, Strive
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16 OCT · 08:26Crypto Briefing · Score 55 · via SATS IPO, SATS
