Bitcoin Treasuries said Strive’s SATA has raised enough funding so far this week to acquire more than 680 Bitcoin. The group also said SATA’s average daily buying pace is equal to 75% of the average daily Bitcoin output from miners. The update points to a sizable rate of accumulation over the current week, based on the figures cited in the post. No additional details on the fundraising amount or purchase timing were disclosed in the brief update carried by Odaily.
Bitcoin Treasuries said in a post that funding raised by Strive’s SATA so far this week is expected to be enough to acquire more than 680 BTC.
It also said SATA’s average daily purchase volume is equal to 75% of the average daily Bitcoin production from miners.
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