Strive Adds 4,045 Bitcoin to Treasury in About $335 Million Purchase

Strive expanded its Bitcoin (BTC) holdings by 4,045 coins over five days, spending about $335 million and bringing its total to 36,818 BTC as warrant exercises raised $369.2 million. The Nasdaq-listed company bought the coins from Oct. 12 to Oct. 16. Its average cost, including fees and expenses, was about $82,803 per coin. Strive held 32,773 BTC on Oct. 9. The first round added 2,822 BTC on Oct. 12 and 13 at an average of about $83,266 per coin. Another 1,223 BTC followed from Oct. 14 to 16 at about $81,734 per coin. Separately, investors exercised 273,493,909 warrants for 13,674,703 Class A shares, generating $369.2 million in gross proceeds. No traditional warrants remained outstanding as of Oct. 16.

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