Strive increases Bitcoin holdings by 11% after $208M in warrant exercises

Strive, a publicly traded Bitcoin treasury company, increased its Bitcoin holdings by 11.2% last week, purchasing 3,311 BTC at an average price of approximately $84,500 per coin, bringing its total to 32,773 BTC. This increase followed investors exercising $208 million in warrants, with approximately 15.3 million remaining ahead of their Tuesday expiration. Strive is now the fifth-largest publicly traded corporate Bitcoin holder, according to industry data. Strive Chairman and CEO Matt Cole said investors exercised $208 million in warrants.