Strive Boosts Bitcoin Holdings to 25,000 BTC
Strive, a company that has been expanding its cryptocurrency reserves, has made a significant purchase of Bitcoin. Between September 8 and 11, Strive acquired 469 BTC for $36.6 million at an average price of $77,954.
The acquisition was fully funded through the issuance of SATA preferred shares, with a total nominal value exceeding $1 billion. This is according to company CEO Matt Cole, who stated that the purchase was indeed funded through this means.