Strive's Bitcoin strategy, funded via preferred stock, risks treasury value compression if Bitcoin prices fall, impacting financial stability. The post Strive buys additional 469 Bitcoin, pushing total holdings to 25,000 BTC appeared first on Crypto Briefing .
Strive has purchased 469 Bitcoin for about $36.6 million, raising its corporate treasury to exactly 25,000 BTC as of Sep. 11. According to Striveās Form 8-K filing with the U.S. Securities and Exchange Commission, the company bought Bitcoin (BTC) betweenā¦
Bitcoin Magazine Strive Snaps Up More Bitcoin, Brings Holdings to 25,000 BTC Strive continued buying bitcoin last week and now holds nearly $2 billion in the cryptocurrency. This post Strive Snaps Up More Bitcoin, Brings Holdings to 25,000 BTC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Striveās latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.