Strive’s Bitcoin Buying Slows to 124 BTC, About 2% of the Prior Week’s Total
By Unchained
AI summary of the source article
Strive acquired 124 bitcoin between Oct. 24 and Oct. 30 for roughly $10 million, bringing its total treasury to 43,124 BTC. The purchase slowed significantly compared to the 6,182 BTC acquired the prior week.
Key facts
- Strive added 124 bitcoin between Oct. 24 and Oct. 30 at an average price of about $80,526 per coin, bringing its treasury to 43,124 BTC.
- The 124 BTC purchase cost roughly $10 million, representing about 2% of the 6,182 BTC bought the prior week.
- Strive's cash and cash equivalents fell by $14.0 million to $490.4 million as existing cash funded most of the purchase.
Source excerpt · Unchained
The bitcoin treasury company now holds 43,124 BTC, and CEO Matt Cole said it tapped its SATS at-the-market program for the first time. The post Strive’s Bitcoin Buying Slows to 124 BTC, About 2% of the Prior Week’s Total appeared first on Unchained .