$BTC: Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million
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Strive bought 4,045 BTC between October 12 and 16 at about $82,803 each, raising its holdings to 36,818 BTC.
• Warrant exercises on October 12 and 13 raised about $369.2 million and added 13,674,703 Class A shares, and no traditional warrants remain.
• Strive priced a $630 million offering of 15% SATS preferred stock on October 15, set to settle October 20.
• Strive, a Nasdaq-listed company that holds Bitcoin as a treasury asset, bought 4,045 BTC between October 12 and 16, according to a regulatory filing published Monday.
• The average price was about $82,803 per coin, meaning the stash was worth about $335 million, and the purchase lifts its holdings to 36,818 BTC, up from 32,773 a week earlier.
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© Decrypt
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Strive bought 4,045 BTC between October 12 and 16 at about $82,803 each, raising its holdings to 36,818 BTC.
• Warrant exercises on October 12 and 13 raised about $369.2 million and added 13,674,703 Class A shares, and no traditional warrants remain.
• Strive priced a $630 million offering of 15% SATS preferred stock on October 15, set to settle October 20.
• Strive, a Nasdaq-listed company that holds Bitcoin as a treasury asset, bought 4,045 BTC between October 12 and 16, according to a regulatory filing published Monday.
• The average price was about $82,803 per coin, meaning the stash was worth about $335 million, and the purchase lifts its holdings to 36,818 BTC, up from 32,773 a week earlier.
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© Decrypt