Strive buys 1,107 bitcoin for $94.5 million as holdings exceed 27,400 BTC
Strive bitcoin treasury grows with 1,107 BTC buy, lifting holdings to 27,462 See how the $94.5M purchase keeps Strive among the biggest public holders
Strive added 1,107 bitcoin to its corporate treasury between September 21 and September 25, spending about $94.5 million at an average price of $85,396 per coin.
The company disclosed the purchase on September 28 and said its total bitcoin holdings have risen to 27,462 BTC.
Most of the funding for the latest buy came from SATA preferred stock, with additional capital raised through warrant exercises. The move keeps Strive among the largest public companies holding bitcoin and shows how it continues to use capital markets to expand its treasury position.