Strive Adds 3,311 BTC in Another Massive Bitcoin Purchase

Strive Adds More Bitcoin as Total Holdings Rise Above 24,500 BTC




The company has completed another subtantial BTC purchase, extending its accumulation streak.

Strive has accelerated its bitcoin accumulation once again, acquiring 3,311 BTC over the past week, which put its total treasury at 32,773 units.

CEO Matt Coll also reported $208 million in warrant exercises as a key deadline for the remaining warrants approaches.

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This week’s purchase is significantly higher than the one announced last week, which was the then-third-largest. The new one, though, has taken the second spot in the company’s rankings, with the biggest remaining the merger with Semler Scientific, in which 5,816-5,817 BTC were involved.

Aside from the latest BTC accumulation, which followed yesterday’s modest purchase by Strategy, Cole said $208 million worth of warrants have been exercised, while approximately 15.3 million remain outstanding and are due to expire at 5 pm ET today.

The company also formalized another provision relating to its preferred stock, SATA. According to Cole, the previously stated $100 minimum issuance price has now become a binding restriction in Strive’s governing documents.



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