Strive Buys 1,107 Bitcoin in $94.5 Million Acquisition
Strive has expanded its treasury reserves past 27,000 BTC following a $94.5 million purchase funded largely by preferred stock.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- Strive acquired 1,107 BTC over the past week for $94.5 million.
- The acquisition brings the firm's total holdings to 27,462 BTC.
- Sales of SATA preferred stock funded 85% of the purchase.
Strive picked up another 1,107 Bitcoin last week, committing $94.5 million to the asset.
That trade brings the firm's total holdings to 27,462 BTC. To execute it, Strive leaned on standard Wall Street mechanics: its SATA preferred stock covered 85% of the cash needed.
Why it matters
Corporate treasury management isn't about parking idle balance-sheet cash anymore. By leveraging preferred stock issuances like SATA, companies are establishing repeatable financing pipelines built specifically for crypto accumulation. If this structure holds up, expect more traditional corporations to launch specialized equity instruments designed purely to buy Bitcoin.
Source: Decrypt
Top Crypto Casinos Right Now
🇨🇦 Showing sites that accept players from Canada Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-facing book that pays a premium for crypto deposits: 125% against 100% for cash, with fee-free deposits across five coins.
- Payout time
- Within 24 hours (crypto)
- KYC
- Required
Restricted countries: Australia, Afghanistan, Bulgaria, Central African Republic, Congo - Brazzaville, Eritrea, France, Guinea-Bissau and 16 more.
More info Less info
Why we chose it: Phemex is a derivatives-first venue for Europe, Asia and Latin America. Good engine, mid-size liquidity, and a blocklist that grew in 2025.
- Online since
- 2019
- Licence
- Seychelles
- KYC
- Required
Restricted countries: United Arab Emirates, Afghanistan, Australia, Belgium, Bermuda, Belarus, Ontario (Canada), China and 18 more.
More info Less info
Why we chose it: BetNow's casino floor with the biggest match bonus we list. The 200% headline deserves a careful read of the code terms behind it.
- Payout time
- Within 24 hours (crypto)
- KYC
- Required
Restricted countries: Australia, Afghanistan, Bulgaria, Central African Republic, Congo - Brazzaville, Eritrea, France, Guinea-Bissau and 16 more.
Daniel Okoro
Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
