Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise

Strive added 1,223 BTC to its treasury, spending approximately $100 million between Oct. 14 and 16 at an average price of $81,734 per bitcoin. The purchase brings the Nasdaq-listed company's holdings to 36,818 BTC, worth roughly $3 billion. Strive is also preparing a $630 million preferred-stock offering.