Strive buys 124 bitcoin for $10 million, SATS shares outstanding rise

Strive, a Nasdaq-listed company active in corporate treasury management, disclosed the purchase of 124 bitcoin between October 24 and October 30 at an average acquisition cost of approximately $80,526 per coin, including all related fees and expenses. This purchase was detailed in the company’s 8-K filing submitted on November 2. With this latest acquisition, Strive’s total bitcoin holdings now stand at 43,124 BTC. The 124 bitcoin added last week represent around 2% of the 6,182 BTC Strive acquired during the previous week, from October 17 to October 23.