Strive Keeps Buying, Strategy Stays on Sidelines as Bitcoin Holdings Evolve
Strategy, the world's largest corporate holder of Bitcoin, has not made any significant BTC purchases recently. In fact, its last notable purchase was on September 1, when it acquired 4,603 BTC for $370 million.
However, this contrasts with Strive, which continues to accumulate more Bitcoin. CEO Matt Cole announced that the firm bought an additional 469 BTC at an average cost of $77,954 per unit, bringing its total holdings to 25,000 BTC.
The acquisition was paid for entirely by SATA, which now has over $1 billion in notional outstanding. Strive's capital structure has also seen a slight change, with the amplification ratio increasing to 53.5%.