Strive Buys $94.5 Million in Bitcoin, Pushing Holdings Past 27,000 BTC
60-second summary
Strive purchases 1,107 BTC for $94.5 million, raising its total holdings to 27,462 BTC, with 85 % of the capital supplied by its SATA preferred stock; the sizable acquisition signals strong institutional confidence, potentially buoying Bitcoin’s price momentum and encouraging further corporate entry into the crypto market, reinforcing bullish sentiment.
Strive bought 1,107 BTC for $94.5 million last week, lifting its holdings to 27,462 BTC, with its SATA preferred stock supplying 85% of the capital.