company crypto holdings

Strive Adds 3,311 BTC in Another Massive Bitcoin Purchase

2Importance
closedStatus
6News media
6Pieces
Published
Updated
Since then
5 new reports

Strive disclosed a new Bitcoin purchase of 3,311 BTC, bringing its holdings to 32,773 BTC. It also said warrant exercises had reached $208 million as the remaining warrants moved toward expiry, and one filing put the purchase value at about $280 million with an average price of $84,500 per BTC including fees and expenses.

Key claims & sources

✓
The company said holders of its traditional warrants had exercised $208 million ahead of a 5 p.m. ET Tuesday expiry, with about 15.3 million shares still underlying the outstanding warrants.
✓
Strive added 3,311 BTC between Oct. 5 and Oct. 9, taking its total to 32,773 BTC.
✓
Strive’s SEC filing put the purchase at about $280 million and listed an average price of $84,500 per BTC, including fees and expenses.
✓
A Tuesday filing said the latest 3,311-BTC purchase was the company’s largest acquisition since January.
✓
One report said Strive’s bitcoin holdings moved above 30,000 BTC after the 3,311-coin purchase.

Market reaction i

BitcoinBTC the event is about this asset
first headline
-0.1% 2 h before
+0.2% 4 h after
$83,234price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 13 12:31
CP CryptoPotato scoop
Breaks the event: $208M
+23 min
Oct 13 12:54
crypto.news echo
No new facts: raising, reach
+59 min
Oct 13 13:30
+2 h 21 m
Oct 13 14:52
Crypto Economy echo
No new facts: transaction, securities, commission; with quotes
+3 h 17 m
Oct 13 15:48
Bitcoin Magazine adds
Adds $2.7B, with quotes