🚨 Strive adds another 1,107 BTC to its Bitcoin treasury
According to the company’s latest disclosure, Strive purchased approximately 1,107 BTC between September 21 and September 25 for around $94.5M.
The reported average purchase price was approximately $85,396 per BTC, bringing Strive’s total holdings to 27,462 BTC.
But the interesting part isn’t just the BTC count 👀
Around 85% of the capital used for the latest purchase came from SATA-related preferred stock financing, while warrant exercises generated approximately $12.4M.
That highlights an important part of the corporate Bitcoin treasury model:
Buying more BTC doesn’t automatically mean each share becomes more valuable.
The way purchases are financed — including equity, preferred securities, or other capital — can affect shareholders and Bitcoin exposure on a per-share basis.
So when you see headlines about a company adding Bitcoin to its treasury, there’s more to look at than the headline BTC number.
BTC held ≠ the whole story. 👀
What do you think matters more when evaluating a corporate Bitcoin treasury:
BTC holdings or BTC per share?
According to the company’s latest disclosure, Strive purchased approximately 1,107 BTC between September 21 and September 25 for around $94.5M.
The reported average purchase price was approximately $85,396 per BTC, bringing Strive’s total holdings to 27,462 BTC.
But the interesting part isn’t just the BTC count 👀
Around 85% of the capital used for the latest purchase came from SATA-related preferred stock financing, while warrant exercises generated approximately $12.4M.
That highlights an important part of the corporate Bitcoin treasury model:
Buying more BTC doesn’t automatically mean each share becomes more valuable.
The way purchases are financed — including equity, preferred securities, or other capital — can affect shareholders and Bitcoin exposure on a per-share basis.
So when you see headlines about a company adding Bitcoin to its treasury, there’s more to look at than the headline BTC number.
BTC held ≠ the whole story. 👀
What do you think matters more when evaluating a corporate Bitcoin treasury:
BTC holdings or BTC per share?