Strive purchases 32 Bitcoin at an average price of $63,900, increasing cash and Bitcoin holdings.

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According to MetaEra, Strive, Inc. purchased 32 Bitcoin between June 2 and June 7 at an average price of approximately $63,900, as the current Bitcoin price remains above $63,000. This acquisition brings its total Bitcoin holdings to 19,032. During the same week, the company’s cash and cash equivalents increased to $139.2 million from $137.3 million. The fair value of its STRC stock declined slightly to $47.2 million. Outstanding Class A shares rose to 69,410,645, while SATA preferred and Class B shares remained unchanged.

According to ME News, on June 8 (UTC+8), Strive, Inc. disclosed that it purchased 32 bitcoins between June 2 and June 7 at an average price of approximately $63,900 per bitcoin, increasing its bitcoin holdings from 19,000 to 19,032 bitcoins. During the same period, the company’s cash and cash equivalents rose from approximately $137.3 million to approximately $139.2 million, an increase of about $19 million; the fair value of its Strategy Inc. Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) decreased from approximately $495 million to approximately $472 million. The number of outstanding Class A common shares increased from 69,089,145 to 69,410,645, while the number of SATA preferred shares and Class B common shares remained unchanged. (Source: PANews)

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