Strive Adds 759 Bitcoin As Corporate BTC Treasury Race Continues
Strive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.
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Bitcoin’s recent underperformance relative to equities has coincided with rising Federal Reserve rate expectations, and Grayscale Investments argues bitcoin could narrow that gap if policymakers hold off on rate hikes. Fed Policy Expectations Drive Divergence Across Markets Grayscale Investments is tying bitcoin’s lag behind equities to a repricing of Federal Reserve policy, arguing that bitcoin […]
Read full articleStrive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.
Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest BTC purchase. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin…
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