đ„ STRIVE GOES ALL IN ON BITCOIN
Strive just bought another 6,182 $BTC for $511.4M at an average of $82,732, lifting its treasury to 43,000 BTC. That puts the Nasdaq-listed firm 4th among public corporate holders, just 514 BTC behind Twenty One and 1,000 BTC behind second-placed Metaplanet.
The buy landed one week after Strive closed a $630M SATS preferred-stock offering, and the firm just opened a new $1B at-the-market program to keep buying. This is conviction accumulation into weakness: Strive added over 15,500 BTC in less than a month while Bitcoin sits near $80K.
â ïž The risk is real: the stock fell ~5% on the news, and the 15% SATS dividend plus fresh dilution mean shareholders pay for this accumulation every day. If Bitcoin stays below Strive's cost basis, the treasury premium compresses fast.
đ or đ»: is Strive's all-in bet genius or overleverage?
đ Sharing personal opinions only, not financial advice or a recommendation to buy/sell. Crypto is highly risky; DYOR and you are solely responsible. No coin promotion.
#Bitcoin #Strive #CorporateTreasury #Crypto #Binance
Strive just bought another 6,182 $BTC for $511.4M at an average of $82,732, lifting its treasury to 43,000 BTC. That puts the Nasdaq-listed firm 4th among public corporate holders, just 514 BTC behind Twenty One and 1,000 BTC behind second-placed Metaplanet.
The buy landed one week after Strive closed a $630M SATS preferred-stock offering, and the firm just opened a new $1B at-the-market program to keep buying. This is conviction accumulation into weakness: Strive added over 15,500 BTC in less than a month while Bitcoin sits near $80K.
â ïž The risk is real: the stock fell ~5% on the news, and the 15% SATS dividend plus fresh dilution mean shareholders pay for this accumulation every day. If Bitcoin stays below Strive's cost basis, the treasury premium compresses fast.
đ or đ»: is Strive's all-in bet genius or overleverage?
đ Sharing personal opinions only, not financial advice or a recommendation to buy/sell. Crypto is highly risky; DYOR and you are solely responsible. No coin promotion.
#Bitcoin #Strive #CorporateTreasury #Crypto #Binance
