Strive adds $335 million in Bitcoin ahead of SATS IPO proceeds settlement
Photo: Crypto Briefing
Moving into second place among public corporate holders would require tens of thousands of additional coins and potentially billions of dollars in new financing. Strive’s Bitcoin stash has grown to 36,818 BTC following a purchase of 4,045 coins for approximately $335 million last week, cementing its position as the fourth-largest corporate holder. The company on Monday reported adding 1,223 Bitcoin for $100 million between Oct. 14 and Oct. 16, after accumulating 2,822 BTC for $235 million last Tuesday.
Also reported by Unchained.
Source: Crypto Briefing
