Strive's $94.5M Bitcoin Buy Details

Strive Asset Management acquired 1,107 BTC for $94.5 million, raising their total treasury holdings to 27,462 BTC with 85% of funding derived from SATA preferred stock.

The top 3

  1. The 1,107 BTC Acquisition Breakdown: Strive executed this purchase last week, bringing their total Bitcoin stash to 27,462 BTC to bolster their strategic treasury reserve.
  2. 85% Funding via SATA Stock: The firm utilized its Strive Asset Trust Asset (SATA) preferred stock issuance to generate 85% of the capital required for this specific BTC buy.
  3. Leadership at Strive: The investment strategy is steered by executive leadership including co-founder Vivek Ramaswamy and CEO Matt Cole. Vivek Ramaswamy

Sources

Open the full topic