Strive Boosts Bitcoin Holdings to 25,000 BTC Amid Aggressive Accumulation Strategy

Strive has boosted its Bitcoin holdings to an impressive 25,000 BTC after purchasing an additional 469 coins for around $36.6 million between September 8 and 11.

The average price per coin was a staggering $77,954, funded through proceeds from the company's SATA preferred stock, which avoided diluting common shares.

Strive now holds $204.2 million in cash and $49.81 million in Strategy's STRC preferred stock, maintaining a diversified balance sheet.

According to CEO Matt Cole, the amplification ratio, a measure of Bitcoin exposure relative to net asset value, has risen to 53.5%, indicating growing Bitcoin exposure for shareholders.