🚀 Strive is Running Saylor’s Playbook: Raises Capital for Another 638 Bitcoin! 🚀
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 what’s happening in corporate treasury accumulation right now:
📊 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