Strive increases bitcoin holdings to 25,000 BTC
Strive CEO Matt Cole announced on September 14 that the company added 469 BTC to its holdings last week at an average cost of $77,954 per coin, totaling $36.6 million. The firm's total holdings now stand at 25,000 BTC. The acquisition was funded by SATA, which has over $1 billion in outstanding nominal scale, and the company has increased its leverage ratio to 53.5%.
Summaries are written by AI from the original article. Not investment advice.