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Bobbypk
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BullishDear 💝 friend important notice means that information ℹ️ Strive made a pretty clear case for how treasury math actually plays out.
Investors put up $208 million by exercising warrants, which let the company snag 3,311 bitcoin at an average price of about $84,500. Now they've got 32,773 BTC on the books an 11.2% jump. The share count went up, too, but only by 9.4%, so if you do the math, there's more Bitcoin packed into each share.
Saylor gave it a thumbs up, but there's still the $100 SATA issuance floor and dilution to keep an eye on.
So what works better for corporate treasuries: confidential compliance, or sticking with standard EVM chains?
#CPIWatch
@Bitcoin
#BTCDominanceBackAt60%
#GNS
Investors put up $208 million by exercising warrants, which let the company snag 3,311 bitcoin at an average price of about $84,500. Now they've got 32,773 BTC on the books an 11.2% jump. The share count went up, too, but only by 9.4%, so if you do the math, there's more Bitcoin packed into each share.
Saylor gave it a thumbs up, but there's still the $100 SATA issuance floor and dilution to keep an eye on.
So what works better for corporate treasuries: confidential compliance, or sticking with standard EVM chains?
#CPIWatch
@Bitcoin
#BTCDominanceBackAt60%
#GNS
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