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Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise

News.Bitcoin.com
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Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise

Strive has added another 1,223 BTC to its corporate treasury, spending approximately $100 million between Oct. 14 and 16 at an average price of $81,734 per bitcoin. The acquisition brings the Nasdaq-listed company’s holdings to 36,818 BTC, worth roughly $3 billion. Meanwhile, Strive is preparing to collect proceeds from a $630 million preferred-stock offering, potentially […]

Key Takeaways

  1. Strive has added another 1,223 BTC to its corporate treasury, spending approximately $100 million between Oct.
  2. 14 and 16 at an average price of $81,734 per bitcoin.
  3. The acquisition brings the Nasdaq-listed company’s holdings to 36,818 BTC, worth roughly $3 billion.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.