STRIVE Buys 2000 $BTC for $169M — Biggest Buy in 4 Months! 💰
Corporate Bitcoin FOMO is BACK!
Strive Asset Management (led by CEO Matt Cole) just bought 2,000 $BTC for $169 Million at avg price $84,422 — its largest purchase since June.
New Total: 29,462 BTC worth ∼$2.48 Billion! 🔥
This single buy is 6x larger than MicroStrategy's last 334 $BTC buy last week. Strive funded it with 61.5% from SATA preferred stock + $56.7M from warrants, and also announced $500M buyback facility.
While others are scared, corporates are stacking hard. Strive is now targeting 60%+ amplification ratio and remains debt-free.
Corporate treasury race is heating up — Evernorth with $XRP, Strive with $BTC.
Who's next?
Are we entering a new corporate accumulation supercycle?
#Bitcoin #BTC #Strive #CorporateTreasury #LearnAndDiscuss #BinanceAcademy #TrendingTopic
Corporate Bitcoin FOMO is BACK!
Strive Asset Management (led by CEO Matt Cole) just bought 2,000 $BTC for $169 Million at avg price $84,422 — its largest purchase since June.
New Total: 29,462 BTC worth ∼$2.48 Billion! 🔥
This single buy is 6x larger than MicroStrategy's last 334 $BTC buy last week. Strive funded it with 61.5% from SATA preferred stock + $56.7M from warrants, and also announced $500M buyback facility.
While others are scared, corporates are stacking hard. Strive is now targeting 60%+ amplification ratio and remains debt-free.
Corporate treasury race is heating up — Evernorth with $XRP, Strive with $BTC.
Who's next?
Are we entering a new corporate accumulation supercycle?
#Bitcoin #BTC #Strive #CorporateTreasury #LearnAndDiscuss #BinanceAcademy #TrendingTopic
