Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million
Summary
Strive acquired a large amount of bitcoin following a significant capital influx from warrant exercises. The Nasdaq-listed company funded this purchase through the incoming funds and is now preparing a major preferred stock offering.
The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.
Source: Read the full story at Decrypt
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