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Strive says it bought 124 Bitcoin, lifting holdings to 43,124

NewsFeeds update

Strive chief executive Matt Cole says the company bought 124 Bitcoin for about $10m at an average of $80,526 each, raising its total holdings to 43,124 Bitcoin. The purchase was funded mainly from existing cash and used SATS ATM financing for the first time.

BitcoinOdailyAIBullish

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The story so far: Strive bitcoin purchases and holdings

Strive has been steadily buying bitcoin, with holdings reaching about 43,000 after purchases between 17 and 23 October, and it announced a $1bn at-the-market SATS offering. It has now bought 124 more BTC for about $10m, lifting holdings to 43,124.

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  1. TD Cowen raises Strive target price to $56 as Bitcoin holdings grow

  2. TD Cowen raises Strive price target to $56 as firm reportedly holds 35,600 BTC

  3. Strive's 6,182 BTC purchase lifts listed firms' weekly net buying to $510m

  4. StoneX raises Strive price target 34% to $43 and repeats buy rating

  5. Strive says it bought 124 Bitcoin, lifting holdings to 43,124

  6. Strive says it bought 124 Bitcoin at average of about $80,526

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.