Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week

Strategy, the largest corporate bitcoin holder, bought 1,665 BTC last week for $142.7 million and bought back $152 million of its STRC preferred stock, bringing total holdings to 847,666 BTC worth $70.5 billion. Strive, the fifth-largest bitcoin treasury, bought 1,107 BTC for $94.5 million, raising its holdings to 27,462 BTC. Together the two bought 2,773 BTC worth $232.5 million, even as other treasuries have sold bitcoin this year to repay debt or fund operations; Strategy stock has fallen over 50% in the past year and Strive more than 30%.