Crypto

Strive buys 1,355 more bitcoin, continues accumulation

Asset manager Strive bought an additional 1,355 bitcoin for $107.7 million, lifting its holdings to 26,355 BTC. The purchase price averaged $79,475 per bitcoin. After the announcement, Strive’s Nasdaq-listed ASST shares rose more than 6 percent in premarket trading. The firm said funding mainly came from SATA, a floating-rate Series A perpetual preferred stock paying a 13 percent dividend each business day, and from warrant exercises that brought in $21.2 million.

Crypto

France\'s Capital B buys 376 more bitcoins, 84 BTC short of Europe\'s top spot

France\'s bitcoin treasury firm Capital B bought an additional 376 BTC for 25.3 million euros, taking its total holdings to 3,521 BTC. The purchase followed a roughly 30.1 million euro fundraising that included a private placement joined by Adam Back (Adam Back) and TOBAM. Capital B bought at an average 67,182 euros per bitcoin. The deal was executed by Swissquote Bank Europe, while custody used technology from Swiss firm Taurus.