Strive buys $94.5 million worth of bitcoin, raising its total holdings to 27,462 BTC. The purchase involves 1,107 BTC and is reported as occurring last week, according to the outlets.
The sources describe the funding structure behind the acquisition. Both report that SATA supplies 85% of the capital used for the bitcoin purchase through SATA preferred stock. After the transaction, Strive’s holdings move past 27,000 BTC, reaching 27,462 BTC. While the outlets use slightly different phrasing—one focuses on holdings “above 27,400 BTC” and the other emphasizes “past 27,000 BTC”—they align on the purchase size, timing (last week), bitcoin amount acquired, the total post-purchase holding level, and SATA’s 85% contribution.
