Corporate crypto treasuries diverge on funding models
- —BitMine holds 5.96 million ETH, of which 5.07 million is staked (85%)
- —Strive bought 469 BTC for $36.6 million at an average price of $77,954
- —Strategy repurchased $139 million of STRC, BTC reserve unchanged at 845,050
- —Strive funds purchases through SATA with a notional value above $1 billion
Why it matters: Valuation of crypto treasuries is shifting from reserve size to cost of capital and funding efficiency.
Source: Crypto News Flash