Strive increased its bitcoin holdings by 29 last week, bringing its total to 43,153.
on November 9, Nasdaq-listed Bitcoin treasury company Strive (ASST) disclosed in an 8-K filing that between October 31 and November 6, it purchased 29 bitcoins at an average price of approximately $75,721 (including fees and expenses), at a total cost of roughly $2.2 million, increasing its Bitcoin holdings to 43,153.
During the same period, the company's cash and cash equivalents fell from $490.4 million to $487.6 million; its holdings of Strategy's variable rate series A perpetual preferred stock (STRC) remained at 505,000 shares, carrying a fair value of approximately $50.42 million, slightly up from $50.06 million one week prior.
Regarding equity, as of November 6, the company had 118,133,002 Class A common shares and 9,198,107 Class B common shares, totaling 127,331,109 common shares outstanding; it held 14,030,176 variable rate series A perpetual preferred shares (SATA) and 7,036,559 15% series A perpetual SATS preferred shares, with an increase of 33,141 shares during the week.