๐Ÿš€ Strive is Running Saylorโ€™s Playbook: Raises Capital for Another 638 Bitcoin! ๐Ÿš€
The institutional Bitcoin treasury playbook pioneered by Michael Saylor is in full swing, and Strive Asset Management is proving to be one of its most active adopters.
Here is whatโ€™s happening in corporate treasury accumulation right now:
๐Ÿ“Š The Highlights
$55M Capital Raise: Strive's preferred equity vehicle (SATA) raised an estimated $55 million over the past week.
638 BTC Purchase Potential: That capital injection is enough to acquire roughly 638 Bitcoin at current prices.
Fast-Growing Stack: Strive already held 29,462 BTC as of early October, solidifying its place among the top public corporate Bitcoin holders.
Mastering the Capital Markets Engine: Just like Strategy (formerly MicroStrategy) leverages structured equity and credit instruments to stack sats, Strive is utilizing preferred stock issuances to build a massive Bitcoin treasury without relying on direct operational cash flow
#XRPLedgerPatchesXRPCreationBug $BTC