Question 1

How many Bitcoin does Strive hold now?

Accepted Answer

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.

Question 2

How does Strive fund its Bitcoin purchases?

Accepted Answer

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.

Question 3

Where does Strive rank among public companies holding Bitcoin?

Accepted Answer

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.

SATA

Is Strive is on the way to becoming Bitcoin’s next Strategy?

One sharp brief.
Every day.

SATA

Is Strive is on the way to becoming Bitcoin’s next Strategy?

One sharp brief.Every day.

One sharp brief.
Every day.