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Strive reaches 25,000 BTC milestone after $36.6 million purchase
Strive, a U.S.-listed corporate Bitcoin treasury company, has reached a milestone of 25,000 BTC in total holdings. According to an SEC Form 8-K filing, the company acquired 469 BTC between September 8 and September 11 at an average price of $77,954 per coin, totaling approximately $36.6 million.
The acquisition was funded entirely through the sale of SATA, the company’s perpetual preferred stock, which now has a notional value exceeding $1 billion. This purchase represents a slower pace of accumulation compared to the previous week, when the company added 1,375 BTC.
In contrast, Strategy reported no Bitcoin trades between September 8 and September 13, maintaining its holdings at 845,050 BTC. Instead, Strategy focused on capital management by repurchasing approximately $139.3 million worth of its STRC preferred stock.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The notional value of SATA outstanding has exceeded $1 billion. www.nadanews.com · www.cryptobreaking.com
- [DISPUTED] Strategy did not buy or sell any Bitcoin between September 8 and September 13. www.nadanews.com
- [● 2 SOURCES] The average purchase price for the 469 BTC was $77,954 per coin. www.nadanews.com · www.cryptobreaking.com
- [● 3 SOURCES] The Bitcoin purchase was funded entirely by the sale of SATA perpetual preferred stock. www.nadanews.com · criptoinforme.com · www.cryptobreaking.com
- [DISPUTED] Strive purchased 469 BTC between September 8 and September 11. www.nadanews.com · criptoinforme.com · www.cryptobreaking.com
- [● 3 SOURCES] Strive's total Bitcoin holdings have reached 25,000 BTC. www.nadanews.com · criptoinforme.com · www.cryptobreaking.com
- [○ 1 SOURCE] Strategy repurchased 1,420,467 shares of STRC preferred stock for approximately $139.3 million. www.nadanews.com