Bitcoin Treasuries said in a post on X that Strive’s SATA Bitcoin accumulation program has begun and that enough capital has already been raised to support purchases of more than 1,270 BTC this week. The update points to a near-term buying capacity rather than a longer-dated target, putting the focus on execution within the current week. The same post also said STRC is moving closer to its $100 par value. No further details on the funding structure, purchase timing within the week, or additional program terms were disclosed in the brief update cited by ChainCatcher.
According to ChainCatcher, Bitcoin Treasuries said in a post on X that Strive’s SATA Bitcoin accumulation has started and that enough funds have been raised to buy more than 1,270 BTC this week.
The post also said STRC is approaching its $100 par value.
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