Strive CEO Matt Cole said the company bought 6,182 BTC for $511.4 million, bringing its holdings to 43,000 BTC. The source gives no calendar date for that statement. It says Strive ranked fourth among publicly traded corporate bitcoin holders after earlier purchases lifted its holdings to 36,818 BTC.
Strive also priced a preferred-stock offering expected to raise about $630 million in gross proceeds, rather than reporting that the money had been received. The stock carries a 15% annual dividend on its $100 stated amount; existing shareholders also face dilution from share issuance.
