Odaily Planet Daily reports that the CEO of Strive posted on X that Strive purchased 1,375 BTC for $109 million at an average price of $79,281, bringing its total holdings to 24,531 BTC. Last week, 70% of the raised funds came from SATA, whose current nominal supply is $999 million.
Strive purchases 1,375 BTC for $109M, bringing total holdings to 24,531 BTC
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Summary
Strive purchased 1,375 BTC at an average price of $79,281, totaling $109 million. The purchase increases the company’s BTC holdings to 24,531 BTC. The BTC price remained stable during the transaction. The funds were 70% sourced from SATA, which has a nominal issuance of $999 million. This move could impact BTC’s market dominance.
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