Strive Expands Bitcoin Holdings with $81.5 Million Acquisition
Strive has made headlines by acquiring 1,110 Bitcoin for $81.5 million, raising its total holdings to 21,356 BTC. This strategic move has led to a surge in its Nasdaq shares by over 11%. However, shareholders have seen less than 2% real BTC yield despite the increase in holdings. The company continues to emphasize its aggressive Bitcoin acquisition strategy, reflecting a broader trend towards digital assets in corporate treasury management.
Reports behind this story
Articles and publisher reports that informed this story.
Strive raises funds to acquire 210 Bitcoin as treasury exceeds 21,000 BTC
Strive's aggressive Bitcoin acquisition strategy could influence corporate treasury management, highlighting a shift towards digital assets. The post Strive raises funds to acquire 210 Bitcoin as treasury exceeds 21,000 BTC appeared first on Crypto Briefing .
Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield
The same week added an estimated $5.74 million in annualized SATA dividends at Strive’s Aug. 10 variable rate. The post Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield appeared first on CryptoSlate .
Strive Buys $81.5 Million in Bitcoin After Issuing More Shares
The company increased its Bitcoin holdings by 5.5%, but its Bitcoin per fully diluted share rose only about 1.4%.
Strive buys 1,110 Bitcoin for $81.5M, holdings top 21K BTC; ASST shares surge 11%
Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.
Strive acquires 1,110 bitcoin for $81.5 million as total holdings reach 21,356 BTC
Strive purchased 1,110 bitcoin for $81.5 million, raising its total holdings to 21,356 BTC as the seventh-largest public company holder.