Strive Increases Bitcoin Holdings to 25,000 BTC

Strive, a Nasdaq-listed bitcoin treasury, has increased its holdings to 25,000 BTC, valued at nearly $2 billion, following the purchase of 469 bitcoins at an average price of approximately $77,954. The company remains the fifth-largest publicly traded bitcoin treasury. CEO Matt Cole stated that the acquisition was funded through the sale of the company's perpetual preferred stock, SATA. Strive distinguishes itself from other major treasuries by maintaining a debt-free balance sheet without the use of leverage.