Strive has expanded its #Bitcoin balance sheet strategy, acquiring an additional 2,822 BTC for $235 million 🚀
This brings their total corporate treasury holdings to 35,595 BTC valued at over $2.96 billion 🤯
To fund even more Bitcoin purchases, Strive is proposing a new preferred share IPO (SATS) offering a 15% dividend.
More publicly traded companies are realizing that holding cash on the balance sheet is a melting ice cube.
By building capital vehicles dedicated to stacking Bitcoin, corporate America is leading the charge toward standardizing on hard money. 🟠
This brings their total corporate treasury holdings to 35,595 BTC valued at over $2.96 billion 🤯
To fund even more Bitcoin purchases, Strive is proposing a new preferred share IPO (SATS) offering a 15% dividend.
More publicly traded companies are realizing that holding cash on the balance sheet is a melting ice cube.
By building capital vehicles dedicated to stacking Bitcoin, corporate America is leading the charge toward standardizing on hard money. 🟠