Strive Adds 469 BTC, Bringing Bitcoin Holdings to 25,000
Strive has pushed its Bitcoin treasury to 25,000 BTC after purchasing another 469 coins last week. The latest acquisition cost $36.6 million, with Strive paying an average price slightly below $78,000 per Bitcoin.
Consequently, the company now controls Bitcoin holdings worth approximately $1.95 billion at current market prices. The purchase strengthens Strive’s position among the world’s largest publicly traded corporate Bitcoin holders.
Bitcoin traded at $78,612.74 at the latest update, rising 1.98% during the previous 24 hours. However, the cryptocurrency remained down 0.80% over the past week.
Preferred Stock Supports Continued Accumulation
CEO Matt Cole highlighted SATA as the sole source of capital raised during the latest week. Additionally, Strive’s perpetual preferred stock recently surpassed $1 billion in notional value outstanding.
Moreover, the company…
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