Strive Adds 72 BTC to Treasury, Boosting Holdings to 5,958 BTC

Strive, a bitcoin treasury firm, has added 72 BTC to its holdings using proceeds from the exercise of traditional warrants. The purchase brings its total BTC holdings to approximately 5,958 BTC, acquired at a cost of $691.3 million. The warrants were issued under Strive's $750 million private investment in public equity (PIPE) financing. Strive's shares are lower by 13.5% premarket after doubling in the previous two sessions.