WuBlockchain
Strategy acquired 950 BTC and repurchased $174 million of STRC preferred stock. As of September 20, the company held 846,000 BTC and approximately $6.09 billion in USD assets.
Why it matters
Strive reported a separate purchase of 1,355 BTC for $107.7 million at an average price of $79,475 per coin. Its total holdings reached 26,355 BTC, while warrant exercises generated $21.2 million in gross proceeds.
The two announcements show corporate Bitcoin accumulation continuing through distinct treasury strategies. Combined, Strategy and Strive added 2,305 BTC in the reported transactions.
Market impact
Strategy's preferred-stock repurchase adds a capital-allocation decision alongside its Bitcoin buying. Strive's warrant proceeds provide another funding channel for its treasury program.
For Bitcoin market watchers, the key signal is the scale and persistence of corporate balance-sheet demand. Strategy's 846,000 BTC remains the larger disclosed position, while Strive's latest purchase expands its own holdings to 26,355 BTC.
Frequently asked questions
-
How much Bitcoin does Strategy hold after the latest purchase?
Strategy held 846,000 BTC as of September 20 after acquiring an additional 950 BTC.
-
What did Strategy do with its STRC preferred stock?
Strategy repurchased $174 million worth of STRC preferred stock alongside its latest Bitcoin acquisition.
-
How much Bitcoin did Strive acquire?
Strive acquired 1,355 BTC for $107.7 million at an average price of $79,475 per coin.
-
How much Bitcoin does Strive hold now?
Strive's latest purchase brought its total Bitcoin holdings to 26,355 BTC.
-
How much did Strategy and Strive acquire combined?
The two companies acquired a combined 2,305 BTC across the reported transactions.
WatcherGuru
TheBlock
CoinDesk
Lookonchain
Crypto News
CryptoSlate
CoinTelegraph