The capital raise will support balance sheet restructuring and the company’s bitcoin strategy.
Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
The capital raise will support balance sheet restructuring and the company's bitcoin strategy.
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Sector giant Strategy (MSTR) still trades at a premium to its bitcoin stack, but maybe not for long if the trend continues.
Bitcoin fell to $64,270 shortly after midnight UTC before rebounding to $66,300, as thin liquidity amplified moves tied to U.S. tariff plans and geopolitical tensions.
The Japanese hotel firm secures 15.5% weighting in crypto-focused exchange-traded fund.
Strategy’s STRC preferred series gets $50 million investment from fellow BTC treasury company Strive
Strive also added to its bitcoin holdings and boosted the dividend on its own SATA preferred stock.