Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase
- —The $511 million purchase brings Strive close to the No. 2 corporate bitcoin treasury spot
- —Strive trails Metaplanet by fewer than 1,000 BTC
- —The company announced a $1 billion preferred stock program
Why it matters: Corporate treasuries remain a major source of bitcoin demand, and new equity programs expand funding for further purchases.
Source: The Block