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Strive Expands Bitcoin Holdings to 25,000 Coins with $36.6M Purchase

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The Story

News Summary

  • Asset manager Strive acquired 469 Bitcoin for $36.6 million, expanding its total balance sheet holdings to 25,000 coins.
  • The purchase was financed entirely through its preferred stock vehicle to prevent common equity dilution, keeping Strive fifth among corporate public holders of Bitcoin.
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