Topic
corporate finance
2 stories
Strive adds $235M in bitcoin, banks $369M from warrants, and lines up a 15% preferred stock raise
Bitcoin treasury firm Strive disclosed buying 2,822 BTC for $235 million and raising $369 million from warrant exercises, lifting holdings to 35,595 BTC and proposing a 15% preferred stock sale to buy more.
Strategy buys back $139M of preferred stock — and, for a second week, no bitcoin
Strategy bought back $139.3 million of its STRC preferred shares last week and left its bitcoin stack flat at 845,050 BTC for a second straight week, funding the repurchase from cash reserves.