Strive purchased 29 bitcoin from Oct. 31 to Nov. 6 at an average of $75,721, lifting holdings to 43,153 BTC while cash slipped to $487.6 million and SATS preferred shares edged higher.
Strive posted $474.8M in Q3 net income to common holders, almost entirely a $533.7M unrealized bitcoin gain, and touted 103.7% year-to-date outperformance versus bitcoin.
Metaplanet moves to the U.S. to issue preferreds. Allard Peng breaks down the capital pool, parent support questions, and why it's accretive to common shares.
Strive (ASST) bought 21 bitcoin for about $1.3 million last week, increasing its treasury to 19,921 BTC while cash reserves rose to $157.4 million, according to a Monday SEC filing.
Strive (ASST) purchased 18 bitcoin for about $1.2 million last week, increasing its treasury to 19,900 BTC while maintaining $154.1 million in cash as it continues integrating its bitcoin-focused treasury strategy.