Bitcoin treasury strategy has once more ceased the accumulation of sats. Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has paused its BTC purchases once more. Instead, the firm continued to engage in stock buybacks, repurchasing $176 million of STRC and expanding the scope of its digital credit … Read more
Strive’s stock experienced a significant increase on Monday following the announcement of a $143 million bitcoin acquisition, positioning it as the fifth largest publicly traded crypto treasury. The Nasdaq-listed company announced its latest acquisition of 1,800 bitcoins between August 24 and August 28. It acquired the coins at an average price of $79,431, as indicated … Read more
Crypto has found itself back in the gutter. Bitcoin is currently trading below $70,000, reflecting a decline of approximately 50% from its peaks in October. And the pain is most acute for a new class of public companies that dedicated 2025 to reinventing themselves as crypto hoarders: the so-called digital asset treasuries, or DATs. At … Read more
