October 13th 2026, 1:30 PM
Strive Expands Bitcoin Holdings Amid Cash Reserve Concerns
Key Summary
Strive has added 3,311 Bitcoin to its holdings, covering approximately 15.3 million shares near expiry, amid dwindling cash reserves and concerns about its ability to fund operations and dividend payments.
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CEO Matt Cole put warrant exercises at $208 million ahead of Tuesday's 5 p.m. ET deadline, as Strive also made its $100 minimum sale price for SATA preferred shares a binding charter rule.
#Bitcoin#US#Crypto