Bitcoin treasury company Strive has added another 1,107 BTC, according to an announcement cited by ChainCatcher. CEO Matt Cole said the purchase was made at an average price of $85,396 per coin, with the company spending $94.5 million on the acquisition. After the transaction, Strive’s total Bitcoin holdings rose 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 focuses on the company’s latest treasury purchase, the funding brought in through warrant exercises, and the share of capital attributed to SATA.
Bitcoin treasury company Strive bought 1,107 BTC for $94.5 million at an average price of $85,396 per coin, according to a statement from CEO Matt Cole cited by ChainCatcher. 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 funding, 85% of the total capital raised in this round came from SATA.
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