✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #25
Strive buys $235 million in bitcoin funded by warrant sales
Original: Strive buys $235 million in bitcoin as warrant exercises yield $369 million
Asset manager Strive has purchased $235 million worth of bitcoin after exercising warrants raised $369 million in proceeds. The company is using part of that capital to expand its bitcoin holdings, continuing a corporate treasury strategy that has gained traction among publicly listed firms seeking exposure to the cryptocurrency.
Why now: Corporate bitcoin treasuries remain a hot topic as companies raise capital specifically to buy crypto.
Evidence
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