Strive reportedly buys 638 Bitcoin with preferred stock proceeds
- —Strive reportedly bought 638 BTC using preferred stock proceeds
- —The purchase is estimated at about $55 million
- —The company has previously expanded its Bitcoin treasury via preferred instruments
- —The reported figures remain unverified by other sources
Why it matters: The purchase extends the corporate Bitcoin accumulation trend and supports off-exchange demand for BTC.
Source: Crypto Briefing