Strive added 124 BTC to its holdings last week, bringing its total holdings to 43,124 BTC.
Original headlineStrive 上周增持 124 枚 BTC,累计持仓达 43,124 枚
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Strive, the asset management firm led by CEO Matt Cole, purchased 124 BTC for approximately $10 million last week at an average price of $80,526 per coin, bringing its total holdings to 43,124 BTC, Cole announced on X on November 2. The purchase was funded primarily with existing cash, and for the first time with proceeds from Strive's at-the-market (ATM) equity offering program of its SATS stock, with all funds raised through the program this week deployed into BTC. The company also disclosed an Amplification Ratio of 62.7%, a metric reflecting the leverage of its bitcoin accumulation strategy. The move marks Strive's first use of ATM financing for bitcoin purchases, signaling a shift toward equity-funded accumulation. Investors will be watching the pace of future ATM issuance and whether the company continues buying at current price levels.
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BTC (BTC), Strive, Matt Cole, SATS
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