Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet\u2019s holdings if it allocates the full amount. Strive,\u00a0the\u00a0Bitcoin\u00a0treasury\u00a0company\u00a0led\u00a0by\u00a0chairman\u00a0and\u00a0CEO\u00a0Matt\u00a0Cole,\u00a0closed\u00a0its\u00a0upsized\u00a0initial\u00a0public\u00a0offering\u00a0of\u00a0SATS\u00a0preferred\u00a0stock\u00a0on\u00a0Oct.\u00a020,\u00a0raising\u00a0$630\u00a0million\u00a0gross,\u00a0according\u00a0to\u00a0the\u00a0company\u2019s\u00a0announcement.\u00a0 The\u00a0company\u00a0has\u00a0not\u00a0specified\u00a0how\u00a0much\u00a0of\u00a0the\u00a0proceeds\u00a0it\u00a0will\u00a0use\u00a0to\u00a0buy\u00a0Bitcoin (BTC). Strive\u00a0sold\u00a07\u00a0million\u00a0shares\u00a0at\u00a0$90\u00a0each.\u00a0The company\u00a0estimated\u00a0net\u00a0proceeds\u00a0of\u00a0$608.15\u00a0million\u00a0after\u00a0underwriting\u00a0discounts,\u00a0commissions\u00a0and\u00a0expenses,\u00a0according\u00a0to\u00a0BitcoinTreasuries.net.\u00a0In\u00a0an\u00a0SEC\u00a0filing,\u00a0Strive\u00a0said\u00a0it\u00a0intended\u00a0to\u00a0use\u00a0the\u00a0funds\u00a0for\u00a0general\u00a0corporate\u00a0purposes,\u00a0including\u00a0Bitcoin\u00a0purchases,\u00a0working\u00a0capital,\u00a0income-generating\u00a0assets,\u00a0capital\u00a0expenditures,\u00a0share\u00a0repurchases\u00a0and\u00a0acquisitions. Read more<\/p>\n","protected":false},"author":1,"featured_media":673469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-673468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/673468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=673468"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/673468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/673469"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=673468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=673468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=673468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Strive](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M5D4R4SY5YQGHZN1M57JSE8D\/hi-five-bitcoin-narratives-analysts-are-watching-beyond-price-2.jpg\")
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