Strategy and Strive Buy Bitcoin With Two Different Capital Models
- —Strategy bought 1,665 BTC for $142.7M at an average price of $85,681
- —Strategy sold 1.47M MSTR shares for $246.2M and repurchased $151.7M of STRC
- —Strive bought 1,107 BTC for $94.5M, lifting holdings to 27,462 BTC
- —85% of Strive's capital came from SATA preferred stock with a 13% dividend
Why it matters: It shows how corporate Bitcoin treasuries fund purchases: through common-equity dilution or a growing preferred-dividend burden.
Source: Crypto News Flash