Odaily Planet Daily reports: Matt Cole, CEO of Bitcoin treasury company Strive, announced that the company purchased 1,107 BTC at an average price of $85,396 per coin, spending $94.5 million, increasing its total Bitcoin holdings to 27,462 BTC. Additionally, the company received $12.4 million through the exercise of warrants; including this funding, 85% of the total capital raised by Strive in this round came from SATA.
Strive spends $94.5 million to purchase 1,107 BTC, bringing total holdings to 27,462 BTC
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Summary
Strive spent $94.5 million to purchase 1,107 BTC at an average price of $85,396, slightly increasing the BTC price. This acquisition brings Strive’s total BTC holdings to 27,462. The company also raised $12.4 million through warrant exercises, with 85% coming from SATA. BTC dominance remains stable as institutional buying continues.
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