Strive invests $169 million to purchase another 2,000 BTC, bringing total holdings to 29,462
Strive CEO Matt Cole disclosed that Strive acquired 2,000 BTC at an average price of $84,422 per coin, bringing total spending to approximately $169 million and raising the company's total Bitcoin holdings to 29,462 BTC. In this financing round, 61.5% of the funds came from SATA, while warrants generated an additional $56.7 million in proceeds.