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Crypto

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

Guavy AI Editorial Team
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BTC
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Strive has acquired another 469 BTC for $36.6 million, increasing its Bitcoin holdings to 25,000 BTC.

The purchase was funded entirely by proceeds from SATA sales, with Strive's notional outstanding now surpassing $1 billion.

This latest acquisition has pushed Strive's amplification ratio to 53.5%, according to management's update.

Strive's common stock ASST climbed about 3% after trading opened, reflecting investor approval of the company's aggressive strategy.

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