Strive Buys $235 Million in Bitcoin as Warrant Exercises Yield $369 Million
Strive purchased 2,822 BTC at an average price of approximately $83,266, including fees and expenses. Investors exercised 94% of the company's remaining traditional warrants, CEO Matt Cole said.
Bitcoin treasury company Strive purchased an additional $235 million in BTC after investors exercised the remaining traditional warrants, CEO Matt Cole said Wednesday. The exercises bring the aggregate exercise rate to 94%. Strive bought 2822 BTC at an average price of approximately 83266, including fees and expenses…