Bitcoin treasury company Strive has added 1,107 BTC in a $94.5 million purchase, according to an announcement from CEO Matt Cole. The company said the coins were acquired at an average price of $85,396 per bitcoin, bringing its total bitcoin holdings to 27,462 BTC. Cole also said Strive received $12.4 million through warrant exercises. Including that amount, 85% of the total capital raised in this round came from SATA. The update outlines both the latest expansion in Strive’s bitcoin position and the funding mix tied to the purchase.
Bitcoin treasury company Strive bought 1,107 BTC for $94.5 million at an average price of $85,396 per bitcoin, CEO Matt Cole said. The purchase lifted the company’s total bitcoin holdings to 27,462 BTC.
Cole also said Strive received $12.4 million through warrant exercises. Including that amount, 85% of the total capital raised in this round came from SATA.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
