₿ STRIVE BUYS 2,000 MORE BITCOIN — HOLDINGS REACH 29,462 BTC

Another public Bitcoin treasury company has made a major purchase.

Strive acquired:

2,000 BTC

The company spent approximately:

$169 MILLION

at an average price of roughly:

$84,422 PER BTC

The purchase brings Strive's total Bitcoin holdings to:

29,462 BTC

That makes this the company's largest Bitcoin purchase since June.

Strive also disclosed that it acquired:

8,137 BTC

during the third quarter at an average price of approximately $78,885.

The latest purchase was financed primarily through capital raised from Strive's SATA preferred shares, along with warrant exercises.

Important:

This is not simply excess corporate cash being converted into Bitcoin.

Strive is deliberately building a capital structure designed to raise money and expand its BTC treasury.

And the corporate leaderboard is becoming increasingly competitive.

Current disclosed holdings include:

• Strategy: 848,000 BTC
• Metaplanet: 44,000 BTC
• Twenty One: 43,514 BTC
• MARA: 35,577 BTC
• Strive: 29,462 BTC

Bitcoin treasury companies are no longer just copying Strategy.

They are starting to compete with each other for scale.

@BitcoinNews