🚨 Strive just bought another 2,000 $BTC . But the more interesting move was what it did to its capital stack.
Strive paid $84,422 per BTC, taking its treasury to 29,462 BTC. |
But 61.5% of the capital raised came through SATA preferred stock, while warrant exercises generated another $56.7M.
Now the twist:
Strive also authorized up to $500M of SATA repurchases.
So the capital engine is becoming a balancing act:
raise capital → buy BTC → grow BTC/share
versus
retire preferred claims → reduce future capital burden.
Its latest filing showed BTC per effective common share rose about 3.8% for the week, while ASST itself has been trading around $30 and remains highly volatile.
The real question:
Can Strive keep increasing BTC per common share without the financing required to do it becoming the bigger story?
DYOR. Strive's BTC-per-share metrics are company-defined/non-GAAP maeasures and do not equal shareholder return.
$BTC $API3 $MSTR
#StriveBuys2000BTCFor$169M #StrategyMarketCapSurpassesRumble #bitcointreasuryalert #BinanceSquareTalks
Strive paid $84,422 per BTC, taking its treasury to 29,462 BTC. |
But 61.5% of the capital raised came through SATA preferred stock, while warrant exercises generated another $56.7M.
Now the twist:
Strive also authorized up to $500M of SATA repurchases.
So the capital engine is becoming a balancing act:
raise capital → buy BTC → grow BTC/share
versus
retire preferred claims → reduce future capital burden.
Its latest filing showed BTC per effective common share rose about 3.8% for the week, while ASST itself has been trading around $30 and remains highly volatile.
The real question:
Can Strive keep increasing BTC per common share without the financing required to do it becoming the bigger story?
DYOR. Strive's BTC-per-share metrics are company-defined/non-GAAP maeasures and do not equal shareholder return.
$BTC $API3 $MSTR
#StriveBuys2000BTCFor$169M #StrategyMarketCapSurpassesRumble #bitcointreasuryalert #BinanceSquareTalks
