Strive, Inc. added 382 Bitcoin for $30.3 million, pushing its treasury to 15,391 BTC as it continues an aggressive, equity-funded accumulation strategy tied to shareholder Bitcoin exposure growth.
Strive, Inc. (Nasdaq: ASST) said Monday its Bitcoin treasury has topped 15,000 BTC after it acquired 444 bitcoin for $33.9 million at an average price of $76,307 per coin.
Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively.