How many Bitcoin does Strive hold now?

Strive holds 16,500 BTC after its latest purchase of 1,109 coins for approximately $85.4 million at an average cost of $76,989 per Bitcoin, according to an SEC filing disclosed on May 26.

How does Strive fund its Bitcoin purchases?

Strive primarily uses proceeds from sales of its Variable Rate Series A Perpetual Preferred Stock (SATA), which pays a 13% annualized dividend and has no fixed maturity date. The company also has at-the-market programs for its Class A common stock and is evaluating a refresh of both facilities.

Where does Strive rank among public companies holding Bitcoin?

Strive is now the seventh-largest publicly traded corporate bitcoin holder, according to BitcoinTreasuries.net, just ahead of Coinbase at 16,492 BTC and Riot Platforms at 15,680 BTC.