Including those proceeds, 85% of total capital raised came from SATA," CEO Matt Cole wrote on X
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Strive acquired 1,107 $BTC for $94.5M at an average cost of $85,396 per bitcoin, bringing total holdings to ₿27,462.
Key facts
- The Dallas-based asset manager bought 1,107 BTC for about $94.5 million between Sept. 21 and Sept
- Its holdings now total 27,462 BTC, worth about $2.3 billion at Friday's closing price of $83,943, the company said
- Strive acquired 1,107 $BTC for $94.5M at an average cost of $85,396 per bitcoin, bringing total holdings to ₿27,462
- Tom Lee's Bitmine picked up 17,362 ETH worth about $47 million, bringing it to 4.9% of Ethereum's supply
Summary
Strive bought 1,107 BTC between Sept. 21 and Sept. 25 at an average of $85,396, bringing its stash to 27,462 BTC worth about $2.3 billion. SATA preferred stock supplied 85% of the capital raised, including $12.4 million from warrant exercises, per CEO Matt Cole. Strive remains the fifth-largest public Bitcoin holder and would need roughly 1,235 BTC a week to catch Twenty One by year-end. Strive kept its Bitcoin shopping streak alive last week, though its cart was a bit lighter. The Dallas-based asset manager bought 1,107 BTC for about $94.5 million between Sept. 21 and Sept. 25, paying an average of $85,396 per coin including fees, according to a Form 8-K filed Monday with the SEC.