Strive (ASST) Stock Slides as It Inches Toward No. 2 Bitcoin Spot

TLDR Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30. Total holdings now stand at 43,124 BTC, good for fourth place among public holders. It used its SATS preferred stock program for the first time, though cash covered most of the buy. Strive ended Oct. 30 with $490.4 million in cash and equivalents. CEO Matt Cole still wants second place by year-end. Strive (ASST) stock fell 6.29% on Monday after the company added more bitcoin to its treasury. The firm bought 124 BTC between Oct. 24 and Oct.