Strive buys 469 more BTC, bringing its holdings to 25,000
Strive purchased 469 BTC last week for about $36.6 million, bringing its holdings to 25,000. The company disclosed to the SEC that these BTC were bought in batches over the past week, with an average price including fees of $77,954 per BTC.
The highlight of this increased stake isn’t just the number—it’s the source of funds: the trades are fully supported by proceeds from the issuance of SATA perpetual preferred shares, and SATA’s outstanding notional scale has already exceeded $1 billion. The corporate BTC treasury is becoming a financing structure— the company raises capital through preferred shares and then converts that money into BTC. For investors, besides watching the growth in holdings, they should also consider the financing cost, the preferred-share size, and the potential per-share impact they may bring.
#BTC
Strive purchased 469 BTC last week for about $36.6 million, bringing its holdings to 25,000. The company disclosed to the SEC that these BTC were bought in batches over the past week, with an average price including fees of $77,954 per BTC.
The highlight of this increased stake isn’t just the number—it’s the source of funds: the trades are fully supported by proceeds from the issuance of SATA perpetual preferred shares, and SATA’s outstanding notional scale has already exceeded $1 billion. The corporate BTC treasury is becoming a financing structure— the company raises capital through preferred shares and then converts that money into BTC. For investors, besides watching the growth in holdings, they should also consider the financing cost, the preferred-share size, and the potential per-share impact they may bring.
#BTC