Strive Added 29 BTC Last Week, Holdings Rise to 43,153

TechFlow reports that on November 9, Nasdaq-listed Bitcoin treasury company Strive (ASST) disclosed in an 8-K filing that it purchased 29 BTC at an average price of approximately $75,721 between October 31 and November 6, including fees and expenses, implying a cost of about $2.2 million and bringing its Bitcoin holdings to 43,153 BTC.

During the same period, the company's cash and cash equivalents fell from $490.4 million to $487.6 million; its holdings of Strategy Variable Rate Series A Perpetual Preferred Stock (STRC) remained at 505,000 shares, with a fair value of approximately $50.42 million, slightly up from $50.06 million a week earlier.

In terms of capital structure, as of November 6, Class A common shares stood at 118,133,002 and Class B common shares at 9,198,107, for a combined 127,331,109 effective common shares; Floating Rate Series A Perpetual Preferred Stock (SATA) totaled 14,030,176 shares, and 15% Series A Perpetual SATS Preferred Stock totaled 7,036,559 shares, up 33,141 shares during the week.

Source: TechFlow