1 min read
Strive Buys $94.5 Million in Bitcoin, Raising Holdings to 27,462 BTC
The treasury company acquired 1,107 BTC at an average price of $85,396 per coin and raised an additional $12.4 million through warrant exercises.
Mentioned assets
Strive expanded its corporate Bitcoin (BTC) treasury with a $94.5 million purchase, adding 1,107 BTC and bringing its total holdings to 27,462 BTC.
The company paid an average of $85,396 per Bitcoin in the transaction. The purchase increases Strive’s Bitcoin holdings.
Strive also received $12.4 million through the exercise of warrants. Including those proceeds, SATA accounted for 85% of the total capital raised in the transaction.
