【BlockBeats】A Bitcoin treasury company listed on the US stock market, Strive, has recently made a big move. They plan to raise $150 million by issuing Series A perpetual preferred shares, mainly to pay down debt, buy Bitcoin and various Bitcoin products, and also to support the company’s business expansion.
What’s more interesting is that this round of financing follows a shareholder-approved acquisition last week — Strive is set to acquire Semler Scientific. This acquisition is expected to be finalized soon, and after completion, Strive’s balance sheet will add over 5,000 Bitcoins. In total, the company’s Bitcoin reserves will reach 12,798 coins, which is like adding a large amount of Bitcoin assets to the treasury. From financing to acquisition, from increasing debt to expanding Bitcoin reserves, the company’s strategy is clear — to strengthen Bitcoin asset allocation while optimizing its financial structure.
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NervousFingers
· 11h ago
Strive's move is really awesome, $150 million directly invested in Bitcoin, acquiring Semler plus an additional 5,000 coins... just stacking them hard.
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ruggedSoBadLMAO
· 11h ago
This company is really going all out to accumulate Bitcoin, almost at 13,000 coins already, awesome.
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MetaverseVagabond
· 11h ago
Everyone who plays Bitcoin does this: financing is just for hoarding coins, and in the end, it's all about betting on the price going up.
Bitcoin companies listed on U.S. stock exchanges raise $150 million, with Bitcoin reserves to increase to nearly 13,000 coins
【BlockBeats】A Bitcoin treasury company listed on the US stock market, Strive, has recently made a big move. They plan to raise $150 million by issuing Series A perpetual preferred shares, mainly to pay down debt, buy Bitcoin and various Bitcoin products, and also to support the company’s business expansion.
What’s more interesting is that this round of financing follows a shareholder-approved acquisition last week — Strive is set to acquire Semler Scientific. This acquisition is expected to be finalized soon, and after completion, Strive’s balance sheet will add over 5,000 Bitcoins. In total, the company’s Bitcoin reserves will reach 12,798 coins, which is like adding a large amount of Bitcoin assets to the treasury. From financing to acquisition, from increasing debt to expanding Bitcoin reserves, the company’s strategy is clear — to strengthen Bitcoin asset allocation while optimizing its financial structure.