Strive
Coverage of Strive in the Nexus archive.
- Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report
Preferred shares backed by Bitcoin holdings are emerging as a key financing tool for Bitcoin treasury firms, with a current market value of $13 billion. A report from BitcoinTreasuries.net and Apyx projects this market could grow to 3-5% of the global preferred market by 2030, driven by demand from institutional investors seeking high yields amid Bitcoin's volatility.
- Strategy (MSTR) Surges Over 12% As Bitcoin-Linked Stocks Have Green Day
Strategy (MSTR) shares surged over 12% after the company announced a $1.25 billion Bitcoin sales plan and a $1 billion stock buyback program. The move marks a strategic shift from its previous Bitcoin accumulation focus, as the company aims to fund a U.S. dollar reserve and cover dividend obligations. Other Bitcoin-linked stocks like Nakamoto (NAKA) and Strive (ASST) also rose, while Bitcoin itself declined over 6% in the past week.
- Strive says digital credit selloff was a liquidation event, not a credit crisis
Strive has stated that the recent digital credit selloff should be categorized as a liquidation event rather than an indication of a credit crisis. The company aims to clarify the nature of the selloff to avoid misinterpretation as a broader financial issue.
- Bitcoin treasury Strive’s shares jump as company’s holdings near 20,000 BTC
The Bitcoin treasury company Strive, founded by Vivek Ramaswamy, saw its shares rise approximately 10% in early trading Monday as its holdings approached 20,000 BTC.
- Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
Strive attributes the decline in STRC and SATA to leverage liquidations, which may have caused a poor day for Bitcoin firms' preferred equity offerings. The article suggests unwinding leveraged positions in these assets contributed to the market downturn.
- Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
The digital credit market experienced a significant selloff, with Strive's CEO attributing the downturn to leverage liquidations.
- French BTC treasury firm Capital B developing STRC-style bitcoin credit instrument
French BTC treasury firm Capital B is developing a bitcoin credit instrument similar to Strategy's STRC and Strive's SATA. The instrument is described as digital and modeled after existing credit products in the cryptocurrency space.
- Bitcoin Price Claws Back From the Brink as Iran Deal, Saylor, and Armstrong Signal a Turning Tide
Bitcoin price recovered from a $59,000 low to $66,800 amid a peace deal with Iran and institutional Bitcoin purchases by Michael Saylor’s Strategy and Strive. The Iran deal reduced macroeconomic pressures, including oil prices and inflation expectations, while institutional buyers accumulated BTC at lower prices.
- Texas’ Charter School Boom May Soon Bust, Experts Caution
Texas charter schools experienced their smallest enrollment increase in state history, with experts warning of potential declines due to falling birth rates, new school options, and immigration concerns. Charter enrollment growth has slowed to 2.4% this year, down from past highs, while traditional public schools face enrollment drops, particularly affecting Hispanic students.
- As Strategy Sells Bitcoin, Strive Doubles Down With $4.2 Billion Offering
Strive, a Bitcoin-buying asset manager, is launching a $4.2 billion offering as Benchmark-StoneX analysts express bullish sentiment due to the firm's increased cash reserves and expanded Bitcoin stockpile.
- Strive adds 2,500 BTC to treasury as Saylor’s Strategy sells
Strive added 2,500 BTC to its treasury while Saylor’s Strategy executed a sale. Benchmark noted the company's capital structure is 'one of the most differentiated in the bitcoin treasury sector.'
- Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC
Strive (ASST) acquired 2,500 BTC ($185.2 million) through a SEC filing, increasing its total holdings to 19,000 BTC. The company, formed via a 2025 merger with Asset Entities Inc., plans to expand fundraising by $4.2 billion to accelerate Bitcoin accumulation.
- Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller
Strive added 2,500 bitcoin to reach a total of 19,000 BTC. This followed Strategy becoming a seller the previous day.
- Strategy's STRC slips below $99 as Strive captures investor attention
Strategy's STRC falls below $99 while Strive gains investor interest. The decline in STRC's value contrasts with rising attention toward Strive.
- DDC Buys Bitcoin Twice in One Week, Grows Treasury 14% Without Dilution
DDC Enterprise Limited (NYSE: DDC) increased its Bitcoin treasury by 14% through two purchases in seven days, acquiring 331 BTC without issuing new shares. The company now holds 2,714 BTC with an average cost of $79,135, positioning itself among the top 30 global corporate Bitcoin holders. DDC combines Bitcoin accumulation with its Asian food business, aiming to compound value without dilution.
- Smarter Web Company Adds 10 Bitcoin, Lifts Holdings to 2,869 BTC Amid Treasury Push
The Smarter Web Company (LSE: SWC) purchased 10 Bitcoin at £55,786 per coin, increasing its holdings to 2,869 BTC. The company uses Bitcoin as a treasury reserve asset and has a £18 million credit facility with Coinbase to scale BTC exposure. It reported a 15.43% Bitcoin yield and competes with firms like Strive and MicroStrategy in BTC accumulation strategies.
- Strive leapfrogs Coinbase, Riot with latest $85.4 million bitcoin buy
Strive, founded by Vivek Ramaswamy, has purchased $85.4 million in bitcoin, moving it to the seventh-largest public corporate holder of the cryptocurrency. The company now trails Bullish in bitcoin holdings but surpasses Coinbase and Riot.
- Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins
Strive has acquired 1,109 bitcoin, increasing its total holdings to 16,500 coins. This move reflects the company's continued investment in cryptocurrency.
- Strive adds 1,109 Bitcoin as digital credit products gain traction
Strive increased its Bitcoin holdings by 1,109 BTC, bringing the total to 16,500 BTC. The company's Bitcoin-linked preferred securities, such as SATA and STRC, are gaining popularity in emerging 'digital credit' markets.
- Strive buys 382 BTC for roughly $30 million, holding spot as ninth-largest bitcoin treasury
Strive has purchased 382 BTC for approximately $30 million and now holds a total of 15,391 BTC, maintaining its position as the ninth-largest bitcoin treasury. This significant investment allows Strive to strengthen its holdings in the cryptocurrency market. The acquisition underscores the company's commitment to bitcoin.
- Wall Street analysts increasingly value crypto firms as infrastructure, AI and capital markets platforms
Wall Street analysts are increasingly valuing crypto firms as infrastructure, AI and capital markets platforms, with buy ratings on several companies. Analysts at Benchmark, TD Cowen, and Mizuho hold positive views on Bitdeer, Strive, DeFi Technologies, and Gemini. This indicates a growing interest in the crypto industry.
- Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Strive's stock rallied 5.8% after the company cleared debt in Q1, despite reporting a net loss of $265.9 million attributed to declining Bitcoin holdings valuations. The company announced plans to begin paying daily dividends to SATA holders starting in June.
- Bitcoin Price Surges 3% Past $82K as Senate Advances Clarity Act, STRC and SATA Fuel Bitcoin Credit Boom
The Bitcoin price surged 3% past $82K after the Senate advanced the Digital Asset Market Clarity Act. The act aims to provide a federal framework for digital asset trading and oversight. This development has fueled a Bitcoin credit boom, with STRC and SATA extending their Bitcoin accumulation programs.
- Bitcoin Firm Strive Unveils Daily Dividend Payments for SATA Preferred Shares
Strive, a Bitcoin firm, has announced daily dividend payments for SATA Preferred Shares, with Michael Saylor of Strategy finding the move impressive. This shift is expected to impact investors and the company's financials. The news may influence the cryptocurrency market.
- Strive shares jump on ‘daily dividend company’ strategy as firm goes debt free
Strive's shares have increased due to its 'daily dividend company' strategy and becoming debt free. The firm's subsidiary SATA will pay cash dividends every business day as its Bitcoin holdings grow. This makes SATA the first US-listed security to do so.
- Strive’s SATA to become first U.S. listed security to pay daily cash dividends
Strive's SATA is set to become the first U.S. listed security to pay daily cash dividends, marking a significant milestone in financial innovation. This development could potentially disrupt traditional dividend payment structures. The move is expected to garner attention from investors and industry experts alike.
- Strive Expands Bitcoin Treasury With $61.4 Million Purchase, Holdings Reach 14,557 BTC
Strive expanded its Bitcoin treasury with a $61.4 million purchase, increasing its holdings to 14,557 BTC. The move highlights the company's growing commitment to Bitcoin as part of its financial strategy.
- Strive acquires 789 BTC, bumping ninth-largest corporate bitcoin treasury over 14,000 BTC
Strive acquired 789 BTC, increasing its corporate treasury to over 14,000 BTC, making it the ninth-largest holder. The company also adjusted its preferred stock's trading range and raised its monthly dividend yield to 12.75%.
- Proposed STRC upgrade seen as shared upside lever for Strategy and Strive shareholders: TD Cowen
Strategy Inc plans to transition to semi-monthly dividend payouts starting mid-July. TD Cowen highlights the proposed STRC upgrade as a potential shared upside for Strategy and Strive shareholders.