Topic
strive
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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.
Strive hits 25,000 BTC, funded entirely by preferred-stock sales as leverage climbs to 53.5%
Strive bought 469 bitcoin last week to reach 25,000 BTC, funding the purchase entirely with sales of its SATA perpetual preferred stock and lifting its leverage ratio to 53.5%.