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Strive-Affiliated SATA Raises Funds Enough to Potentially Buy More Than 680 Bitcoin
SATA’s average daily purchase amount equals about 75% of Bitcoin miners’ average daily production.
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Strive-affiliated SATA has raised enough funds so far this week to potentially buy more than 680 Bitcoin (BTC), while its average daily purchase amount equals about 75% of miners’ average daily production.
The figure represents funds raised and potential buying capacity.
SATA is the Bitcoin accumulation vehicle affiliated with Strive. The comparison with miner production indicates the scale of SATA’s average daily purchases relative to the new Bitcoin supply generated by mining.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.