Strive buys 469 BTC for $36M as holdings reach 25,000 BTC

Strive official logo (strive.com)

Strive buys 469 BTC for $36M as holdings reach 25,000 BTC

The company also increased its amplification ratio to 53.5%.

Strive purchased another 469 BTC for approximately $37 million at an average cost of $77,954 per Bitcoin, taking its total Bitcoin holdings to 25,000 Bitcoin.

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The company said the acquisition was fully funded with capital raised from SATA, whose notional outstanding has now surpassed $1 billion. Strive also raised its amplification ratio to 53.5%.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Strive buys 469 BTC for $36M as holdings reach 25,000 BTC
Strive buys 469 BTC for $36M as holdings reach 25,000 BTC

The company also increased its amplification ratio to 53.5%.

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Strive official logo (strive.com)

Strive purchased another 469 BTC for approximately $37 million at an average cost of $77,954 per Bitcoin, taking its total Bitcoin holdings to 25,000 Bitcoin.

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The company said the acquisition was fully funded with capital raised from SATA, whose notional outstanding has now surpassed $1 billion. Strive also raised its amplification ratio to 53.5%.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.