Strive buys $335 million of Bitcoin after investors inject $369 million via warrant exercises

Strive, a Nasdaq-listed company, purchased 4,045 BTC between October 12 and 16 at an average price of about $82,803, raising its total holdings to 36,818 BTC worth over $3 billion. This acquisition followed investor warrant exercises on October 12 and 13 that raised approximately $369.2 million, funding the Bitcoin purchase and increasing Class A shares outstanding by about 13.5%.