Strive acquires 759 Bitcoin for $50M, growing its treasury to 19,000 BTC
➤ Strive Inc. acquired 759 Bitcoin for $50 million, increasing its total holdings to 19,000 BTC, valued at over $1.2 billion. ➤ The company utilized its SATA perpetual preferred stock, a non-dilutive instrument, to fund these acquisitions, distinguishing its strategy from other corporate Bitcoin buyers. ➤ The article highlights the concentrated risk for investors in Strive's stock, as it represents a leveraged bet on Bitcoin's price trajectory, with volatility impacting the company's balance sheet and dividend servicing.











