Strive Asset Management is trading at $28.80, up +4.27%, after announcing the purchase of 469 Bitcoin for approximately $36.6 million.
- The purchases were made between September 8 and September 11, bringing holdings to 25,000 BTC.
- The acquisition was funded through SATA preferred stock without issuing common shares, supporting the companyβs Bitcoin-treasury strategy.
- The stock is advancing despite weaker broad markets, indicating the announcement is the primary catalyst.