Strive Adds 759 Bitcoin As Corporate BTC Treasury Race Continues
Strive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.
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Strategy added 520 BTC and raised its USD reserve to $1.4B, putting balance-sheet discipline back in focus.
Read full articleStrive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.
Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest BTC purchase. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin…
The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.”
Strategy President and CEO Phong Le has invested $1 million in the company’s STRC preferred stock as shares continue trading below their intended $100 par value. In a June 22 X post, Le said he purchased $1 million worth of…
Crypto liquidations hit $404M in 24 hours as shorts absorbed 72% of forced closures. BTC leverage already cooling post-squeeze. On-chain data shows whale cohorts split. Not financial advice. Shorts were stacked in. The market had other plans for them. The 24-hour window ending June 21 saw crypto liquidations hit $404 million. Short positions made up […] The post Crypto Liquidations: $404M Short Squeeze Hits as BTC Leverage Cools Back to Calm appeared first on Live Bitcoin News.
Strive, Inc. added 759 bitcoin to its balance sheet last week, reinforcing a debt-free treasury strategy designed to make BTC the company’s central reserve asset and performance benchmark. Strive Adds $50M in BTC The Nasdaq-listed company Strive, which trades under ASST, said it purchased the bitcoin between June 15 and June 21, paying an average […]
Here's the scenario in which BTC could plunge to $24,000.
Strategy sold $335.5 million in shares, bought 520 Bitcoin, increased cash reserves, and strengthened its long-term crypto strategy. Strategy continued its Bitcoin accumulation strategy after selling millions of company shares. The company sold $335.5 million in stock, and part of the proceeds was used to purchase additional Bitcoin. At the same time, it also built […] The post Strategy Sells Millions of Shares, Boosts Bitcoin Holdings Again appeared first on Live Bitcoin News.