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
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