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Strive Reports 29,462 Bitcoin Holdings After 2,000-Bitcoin Purchase

Strive Reports 29,462 Bitcoin Holdings After 2,000-Bitcoin Purchase

Photo: TokenPost

An estimate puts Strive’s SATA preferred-stock proceeds at about $55 million, enough for an estimated 638 Bitcoin (BTC), though no such purchase was confirmed as of Oct. 10. The estimate covers the week beginning Oct. 5 and values the potential buying capacity at Bitcoin prices near $82,800. It does not establish that Strive completed a purchase or generated the full amount in proceeds. Strive’s latest filing confirms a separate purchase of 2,000 Bitcoin between Sept. 28 and Oct. 2. The company held 29,462 BTC as of Oct.

Source: TokenPost

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