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Emmanuel Musa

Strive Adds 1,109 BTC, Taking Treasury to 16,500 Bitcoin, Filing Shows

Strive said it bought 1,109 BTC between May 19 and May 22, lifting total bitcoin holdings to 16,500 BTC and placing it seventh among publicly listed corporate holders. The company reported an average purchase price of $76,989 per bitcoin and said cash and cash equivalents rose to $93.3 million. It is also considering updates to its at-the-market programs and plans to start daily SATA preferred-stock distributions on June 16, with an effective yield of about 13.88%.
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