Strive Buys 2,822 Bitcoin as Strategy Repurchases $192.4 Million in Shares

Strive bought 2,822 Bitcoin (BTC) from Oct. 12-13 while Strategy repurchased $192.4 million in preferred shares, showing separate capital moves by two companies with active Bitcoin treasuries. Strive's latest purchases averaged about $83,266 per coin, including fees and expenses. Warrant exercises were expected to generate $369.2 million in gross proceeds over the same period. The disclosed figures did not tie those proceeds to the Bitcoin purchase. Earlier in October, Strive bought 3,311 BTC from Oct. 5-9 at an average price of about $84,500, including fees and expenses. The two purchase windows show continued additions to the company's Bitcoin holdings.

Source: TokenPost