Funding
Strive Buys 6,182 Bitcoin for $511 Million
Strive, Inc. has purchased 6,182 Bitcoin for $511.4 million, increasing its total holdings to 43,000 BTC. The company also announced a $1 billion ATM to buy more Bitcoin, raising its total Bitcoin holdings to 43,000 BTC. The purchase comes after Strive closed its upsized initial public offering of SATS, its 15% Perpetual Series A Preferred Stock, for $630 million in gross proceeds.