Strive Buys 6,182 Bitcoin, Lifting Corporate Holdings to 43,000 BTC

Strive, Inc. bought 6,182 Bitcoin (BTC) from Oct. 17 through Oct. 23, lifting its holdings to 43,000 BTC. Strive paid an average of about $82,732 per Bitcoin, including fees and expenses. At that average, the purchase cost roughly $511.4 million. Strive held 36,818 BTC on Oct. 16, before the latest buying period. Strive held $504.4 million in cash and cash equivalents on Oct. 23, up $186.9 million from a week earlier. Its Class A common shares outstanding rose by about 3.266 million to about 118.1 million over the same period. It had 7 million SATS preferred shares outstanding on Oct.

Also reported by Crypto Economy, CaptainAltcoin.

Source: TokenPost