Strive Adds $169M Bitcoin in Its Biggest Buy in Four Months
Summary
Strive purchased 2,000 Bitcoin for about $169 million between Sept. 28 and Oct. 2, bringing its holdings to 29,462 BTC, valued at roughly $2.5 billion. The company’s average purchase cost is about $90,170 per coin, above Bitcoin’s recent price near $86,000. Strive has financed recent purchases largely by selling SATA preferred shares, which currently pay an adjustable dividend of about 13% annually. It ranks fifth among publicly traded Bitcoin holders.
