Strive's CEO hinted that it may report more Bitcoin purchases, which would expand its Bitcoin exposure. No purchase was confirmed, and the post says its approach is funded by preferred shares.
More Bitcoin would deepen Strive's plan to give investors added Bitcoin exposure through its shares. Cole did not confirm a purchase or say how much could be bought. The company says preferred shares fund this approach, and the post gives no terms for added funding.
The story says Strive may buy more Bitcoin and quotes Michael Saylor calling such firms allies. It reports no change to MicroStrategy's business or Bitcoin holdings.
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