Strive increases its holdings by 1,567 BTC, bringing its total holdings to 7,525 BTC.
ChainCatcher news, according to Globenewswire, Nasdaq-listed company Strive announced the completion of the issuance of 2 million Series A perpetual preferred shares with a variable rate, at an issue price of $80 per share, raising a total of $160 million.
In addition, the company disclosed that it purchased 1,567 bitcoins at an average price of $103,315, bringing its total bitcoin holdings to 7,525 as of today.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft (MSFT.US) offers voluntary buyouts to about 60,000 employees, covering more than a quarter of its global workforce, to reduce costs and make room for AI capital expenditures.
Microsoft announced on Monday that it will offer a voluntary severance package to around 60,000 employees in an effort to cut costs, restructure its workforce, and adapt its business operations for the AI era.


Short interest exceeds 30%: Why did FuelCell Energy (FCEL.US) surge against the trend?
FuelCell Energy's stock price surged nearly 6% in a single day, driven by Bloom Energy's better-than-expected earnings report and a high rating from the PJM power grid. Despite recent industry weakness and a short interest ratio as high as 30.64%, analysts remain optimistic about an 83.6% upside potential.
