📰 $BTC | Strive adds $335M in Bitcoin, lifting holdings to 36,818 BTC
Strive, a Bitcoin treasury company, purchased $335 million worth of Bitcoin, according to Cointelegraph. The company added another 1,223 BTC, bringing its total holdings to 36,818 BTC. The report notes the purchase follows an earlier buy that pushed Strive past MARA Holdings, and that the company continues to expand its reserves through equity financing.
Why it matters: Corporate treasury buying remains a visible source of Bitcoin demand, and Strive's equity-financed approach shows how public companies can keep accumulating.
💬 What risks and trade-offs come with funding Bitcoin purchases through equity financing rather than cash reserves?
Source: Cointelegraph https://cointelegraph.com/news/strive-buys-335m-in-bitcoin-boosting-holdings-to-36818-btc
#Bitcoin #CryptoNews
Strive, a Bitcoin treasury company, purchased $335 million worth of Bitcoin, according to Cointelegraph. The company added another 1,223 BTC, bringing its total holdings to 36,818 BTC. The report notes the purchase follows an earlier buy that pushed Strive past MARA Holdings, and that the company continues to expand its reserves through equity financing.
Why it matters: Corporate treasury buying remains a visible source of Bitcoin demand, and Strive's equity-financed approach shows how public companies can keep accumulating.
💬 What risks and trade-offs come with funding Bitcoin purchases through equity financing rather than cash reserves?
Source: Cointelegraph https://cointelegraph.com/news/strive-buys-335m-in-bitcoin-boosting-holdings-to-36818-btc
#Bitcoin #CryptoNews