B[Strive increased its holdings of 1,107 Bitcoins last week, and its total holdings increased to 27,462 BTC] On September 28, Strive CEO Matt Cole disclosed that Strive increased its holdings of 1,107 Bitcoins last week for US$94.5 million, with an average cost of US$85,396 per coin, and its total holdings increased to 27,462 BTCs. The exercise of the warrants generated an additional $12.4 million. Including these proceeds, 85% of the total financing came from SATA. B[Strive has increased its holdings of 1,355 Bitcoins in the past week, with its holdings reaching 26,355] On September 21, according to SEC documents, Bitcoin reserve company Strive (composed of Vivek Ramaswamy’s asset management company and listed shell company Asset Entities) purchased 1,355 Bitcoins from September 14 to 18, with an average price of approximately US$79,475 per coin (including handling fees), and its holdings increased from 25,000 to 26,355. During the same period, cash reserves increased by US$25.4 million to US$229.6 million.
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