Crypto News

Strive invests $109 million in Bitcoin, moving preferred stock toward $1 billion

Sep 09, 2026 12:06 Written by Yasir Arafat bitcoin strive preferred stock crypto investment
Strive invests $109 million in Bitcoin, moving preferred stock toward $1 billion

Strive's $109 M Bitcoin purchase

Strive announced it has bought Bitcoin worth $109 million. The purchase raises the value of the company’s preferred stock toward $1 billion.

Key numbers

  • Bitcoin purchase amount: $109 million
  • Target valuation for preferred stock: $1 billion

Confirmed details

The information comes directly from Strive’s announcement, which states the $109 million Bitcoin acquisition and the resulting impact on its preferred‑stock valuation.

Sources

YA
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Yasir Arafat

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Yasir Arafat is a software developer and the founder of Newisty, covering web development, software, online tools and digital technology. He also oversees Newisty's publishing, technical development and editorial process.

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