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Strive's Bitcoin Bet and Stock Surge | Bitcoin and Crypto News
Description
Strive just dropped a massive $81.5M to buy 1,100 Bitcoin, vaulting their holdings past 21,000 coins and making them the seventh-largest corporate holder—right behind SpaceX. Their stock surged over 11% on the news. CEO Matt Cole called Bitcoin “the fastest horse in a scarcity race,” aligning Strive’s structure to amplify that edge. Beyond Bitcoin, they manage nearly $3B in ETFs and investment platforms. Their preferred stock SATA is back in target range ($99–$100), with a boosted 13% daily dividend. Meanwhile, rival Strategy’s STRC trades below target and hasn’t bought Bitcoin lately—making Strive’s move a bold, diversified play in crypto’s rising scarcity game.
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