Strive increases its Bitcoin holdings to 25,000 coins via a $36.6 million preferred stock-funded purchase, signaling continued institutional appetite for corporate BTC accumulation.
Strive increased its Bitcoin holdings by 469 BTC, signaling continued institutional demand.
Strive's Bitcoin accumulation strategy may influence its stock valuation.
Strategy is mentioned as a corporate Bitcoin holder and Strive holds its preferred stock.
Metaplanet is a corporate Bitcoin holder, mentioned for comparison.
MARA Holdings is a corporate Bitcoin holder, mentioned for comparison.
Strive's stake in Strategy's preferred stock STRC remained unchanged.
Asset manager Strive has expanded its Bitcoin treasury by 469 coins, bringing its total holdings to 25,000 BTC. The $36.6 million acquisition was funded entirely through the issuance of Variable Rate Series A Perpetual Preferred Stock, maintaining the firm's strategy of avoiding common stock dilution while increasing its leverage ratio to 53.5%.
Strive utilizes its Variable Rate Series A Perpetual Preferred Stock (SATA) to raise capital, allowing the firm to fund Bitcoin acquisitions while paying daily dividends to preferred shareholders instead of issuing new common equity.