Strategy remains quiet on Bitcoin as Strive adds 469 BTC
While Strategy has refrained from further Bitcoin acquisitions, maintaining its 845,050 BTC stash, Strive has continued to accumulate. Strive CEO Matt Cole announced the purchase of 469 BTC for $36.6 million, bringing the firm's total holdings to 25,000 BTC. The capital for this acquisition was sourced from SATA, which now has over $1 billion in notional outstanding. Strategy, meanwhile, continues to prioritize share buybacks, recently spending another $139 million on STRC.
Summaries are written by AI from the original article. Not investment advice.