Strive Bitcoin Holdings Reach 35,595 BTC As Wall Street Raises Price Target 27%

Strive expanded its Bitcoin holdings to 35,595 BTC, prompting TD Cowen to raise its share-price target from $44 to $56 on October 16. The company announced a preferred stock offering of 7 million shares at $90 each, aiming to raise about $630 million in gross proceeds to fund further Bitcoin acquisitions.