Bitcoin Treasuries said in a post on X that SATA, a unit under Strive, was estimated to have raised enough funding as of yesterday to purchase more than 400 Bitcoin. The same post said SATA is currently buying 90% of daily Bitcoin mining output. The update was cited by Odaily in a brief market news item. No further details were provided in the source text on the amount raised, the structure of the funding, or the timeline for any completed purchases. The report also did not specify whether the 400-plus BTC had already been bought or remained an estimated purchasing capacity based on funds raised.
Odaily reported in a market news brief that Bitcoin Treasuries said in a post on X that SATA, a unit under Strive, was estimated to have raised enough funding as of yesterday to buy more than 400 BTC.
The post also said SATA is buying 90% of daily Bitcoin mining output.
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