Strive acquired another 1,223 BTC for about $100 million, bringing its holdings to 36,818 BTC as of Oct. 16. CEO Matt Cole said the latest purchase averaged $81,734 per bitcoin. The company bought 4,045 BTC for roughly $335 million over five days.
Strive expects its $630 million preferred-stock offering to settle Oct. 20, subject to customary conditions. The offering has not yet settled, and the source does not say how much of its proceeds Strive would use to buy bitcoin.
