Strive Bitcoin Holdings Hit 32,773 BTC After Latest Purchase

Strive Bitcoin holdings reached 32,773 BTC after the Nasdaq-listed company purchased another 3,311 Bitcoin between October 5 and October 9. The purchase cost approximately $280 million, while CEO Matt Cole reported $208 million in warrant exercises ahead of an October 13 deadline. Strive disclosed an average purchase price of $84,500 per Bitcoin, including fees and expenses, in its October 13 SEC filing. The acquisition increased its treasury from 29,462 BTC, representing an 11.2% rise in one week. Cole also announced changes to the company’s financing arrangements.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.