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Strive Reports 63% Year-to-Date Bitcoin (BTC) Yield as Holdings Reach 43,153 BTC

The company said it bought 29 Bitcoin last week at $75,721 per coin, spending about $2.2 million.

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A gold coin balances against a clear acrylic share marker / TokenPost.ai
A gold coin balances against a clear acrylic share marker / TokenPost.ai

Strive reported that its Bitcoin (BTC) treasury reached 43,153 coins and its year-to-date BTC Yield was 63%, while its chief investment officer tied the metric to the amount of Bitcoin represented by each share.

Strive said it bought 29 Bitcoin last week at $75,721 per coin, spending about $2.2 million. Its 43,153 BTC total is 29 BTC above the previously disclosed 43,124 BTC.

The company put its year-to-date BTC Yield at 63%. Chief Investment Officer Ben Werkman described BTC Yield as growth in Bitcoin per share.

Werkman said Bitcoin treasury companies should use Bitcoin per share to assess performance. He said share sales used to finance Bitcoin purchases benefit current holders when they raise the amount of Bitcoin per share; when the measure falls, existing shareholders effectively subsidize new investors. His framing focuses on the per-share outcome of stock-funded purchases, not the purchase size alone.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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