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Nasdaq-listed bitcoin treasury Strive now holds 25,000 BTC — worth nearly $2 billion — following its latest buy.
The company said Monday that it bought 469 bitcoins at an average price of approximately $77,954. It is still the fifth biggest publicly traded bitcoin company, according to Bitcoin Treasuries. Strategy, Twenty One, Metaplanet, and MARA all hold more bitcoin than Strive.
CEO Matt Cole wrote on X Monday that 100% of the capital raised during the week came through sales of SATA, Strive’s perpetual preferred stock.
Dallas, Texas-based Strive’s stock (ASST) was trading more than 6% higher following the news.
Strive debuted as an official bitcoin…
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