POPA ReconStrive acquired 1,223 BTC from Oct 14 through Oct 16 at about $81,734 per bitcoin including fees, or about $100 million, as CEO Matt Cole reported in his Oct 19 post and as confirmed in Strive's Oct 19 8-K. That lifted total holdings to 36,818 BTC as of Oct 16, up 4,045 BTC from 32,773 BTC on Oct 9. The 4,045 BTC includes 2,822 BTC bought Oct 12-13, previously announced Oct 14, plus the 1,223 BTC bought Oct 14-16. The filing also reports $317.5 million cash, 505,000 STRC shares, no Traditional Warrants remaining after expiry Oct 13, and 14,030,176 SATA shares. It says the upsized SATS IPO of 7 million shares at $90 for expected $630 million proceeds had not settled or funded as of the dates shown and was scheduled to settle Oct 20. One channel misstated the buy as 1,233 BTC but the company figure is 1,223 BTC in the news wire. Links: Cole post · 8-K filing · SATS pricing post
Strive acquired 1,223 BTC from Oct 14 through Oct 16 at about $81,734 per bitcoin including fees, or about $100 million, as CEO Matt Cole reported in his Oct 19 post and as confirmed in Strive's Oct 19 8-K. That lifted total holdings to 36,818 BTC as of Oct 16, up 4,045 BTC from 32,773 BTC on Oct 9. The 4,045 BTC includes 2,822 BTC bought Oct 12-13, previously announced Oct 14, plus the 1,223 BTC bought Oct 14-16. The filing also reports $317.5 million cash, 505,000 STRC shares, no Traditional Warrants remaining after expiry Oct 13, and 14,030,176 SATA shares. It says the upsized SATS IPO of 7 million shares at $90 for expected $630 million proceeds had not settled or funded as of the dates shown and was scheduled to settle Oct 20. One channel misstated the buy as 1,233 BTC but the company figure is 1,223 BTC in the news wire. Links: Cole post · 8-K filing · SATS pricing post
$ASST