
#StriveHoldsOver35KBTC
About StriveHoldsOver35KBTC
Strive disclosed Oct 14 it bought 2,822 BTC for ~$235M, taking holdings to 35,595 BTC and purchases over two rounds to 6,133. It expects ~$369M in gross warrant proceeds and plans SATS preferred shares with a 15% annual cumulative dividend. Metaplanet plans ¥52B in zero-coupon convertibles to repay BTC-backed loans and buy back shares; Strategy favors STRC buybacks. Can financing boost BTC per share, or will dilution, dividends and BTC volatility limit long-term treasury expansion?
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