Ah, the Follies of Finance!
Where does Strive now perch in the grand ballet of Bitcoin holders?
Strive, that audacious upstart, now prances in 14th place globally, overtaking the likes of Galaxy Digital and daring to breathe the same air as titans like MicroStrategy, Tesla, and Coinbase. So says the oracle, BitcoinTreasuries.net. 🌍✨
How did the masses react to this proclamation?
The SATA stock, ever the prima donna, pirouetted 1.26% to $92.15, while ASST shares leapt a dramatic 4.05% in the after-hours masquerade. 🎭💃
Ah, Bitcoin’s accumulation-a relentless waltz, indifferent to the whims of market sentiment. Institutions, those stoic conductors, continue to hoard, whether the price soars or stumbles. 🎻🌀
Strive’s Bitcoin Gambit
And now, enter Strive, the latest star in this financial tragicomedy, founded by the enigmatic Vivek Ramaswamy. With a flourish, they announce a $162 million BTC purchase, fresh from the oversubscribed debut of their SATA preferred stock on Nasdaq. 🎉📈
In a missive from their official X account, Strive reveals the acquisition of 1,567 BTC, each procured at the princely sum of $103,315. A bold stroke, pushing their total hoard to 7,525 BTC, valued at nearly $800 million. Behold, a new contender in the corporate Bitcoin arena! 🏆💰
Where does Strive stand in this grand spectacle?
According to the chronicles of BitcoinTreasuries.net, Strive now occupies the 14th throne, surpassing Galaxy Digital’s meager 6,894 BTC. Yet, they still bow to the likes of MicroStrategy, MARA Holdings, Metaplanet, and other luminaries. 🏰👑
In their investor update, Strive unveils a new presentation for $ASST and $SATA devotees, promising that $SATA dividends shall be anointed as Return of Capital (ROC). A cunning ploy to enchant shareholders, no doubt. 🧙♂️📜
Strive’s maneuver echoes the legendary “buy the dip” strategy of Michael Saylor, the maestro of MicroStrategy. A benchmark, indeed, for corporate Bitcoin treasury theatrics. 🎭📉
The announcement arrived as Bitcoin danced at $105,829, recovering from a fleeting stumble below $99,000. A dramatic recovery, if ever there was one. 💃💸
Stock Price Shenanigans and Beyond
Needless to say, the market, ever the fickle audience, applauded with open arms. 👐👏
Strive (SATA) closed the day at $92.15, a modest 1.26% ascent, and tiptoed higher to $92.98 in after-hours trading, a testament to investor euphoria, as Google Finance whispers. 📈🤑
Meanwhile, ASST, Strive’s merger companion, lingered at $1.48 after a 1.99% dip. A minor stumble in this grand ballet. 🩰👯♂️
Ah, but Strive’s Bitcoin purchase is but a chapter in their grander saga. In May 2025, they unveiled plans to amass 75,000 BTC, valued at over $8 billion, through the discounted Mt. Gox bankruptcy claims. A scheme, detailed in an SEC filing, to bolster Bitcoin per share and fortify their digital asset dominion. 🏰📜
And so, the curtain rises on Strive’s next act. Will they ascend to MicroStrategy’s heights, or shall they falter in this financial farce? Only time, that merciless critic, will tell. ⏳🎭
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2025-11-11 18:22