Institutional demand is unstoppable.
Asset manager Strive is making massive moves with its Bitcoin treasury. They just finalized a fresh purchase of $36.6 million worth of $BTC , bringing their total stash to a clean 25,000 $BTC . Here is what you need to know about this major buy:
1️⃣ The entire $36.6 million purchase was funded through preferred stock, demonstrating a highly strategic financial play.
2️⃣ With this latest acquisition, SATA's notional value has officially surpassed the $1 billion milestone for the first time.
3️⃣ This move highlights how traditional asset managers are continuously finding creative ways to accumulate crypto assets directly onto their balance sheets.
This is a massive statement for Bitcoin long-term holding trends.
We will likely see many more institutions cross the billion-dollar threshold this quarter.
#Bitcoin #InstitutionalAdoption #CryptoNews #Write2Earn
Asset manager Strive is making massive moves with its Bitcoin treasury. They just finalized a fresh purchase of $36.6 million worth of $BTC , bringing their total stash to a clean 25,000 $BTC . Here is what you need to know about this major buy:
1️⃣ The entire $36.6 million purchase was funded through preferred stock, demonstrating a highly strategic financial play.
2️⃣ With this latest acquisition, SATA's notional value has officially surpassed the $1 billion milestone for the first time.
3️⃣ This move highlights how traditional asset managers are continuously finding creative ways to accumulate crypto assets directly onto their balance sheets.
This is a massive statement for Bitcoin long-term holding trends.
We will likely see many more institutions cross the billion-dollar threshold this quarter.
#Bitcoin #InstitutionalAdoption #CryptoNews #Write2Earn
