Strive Uses Preferred Stock to Fund Bitcoin Buys, While 1,400 BTC Claim Remains Unverified
Strive is using its SATA preferred stock to help fund Bitcoin buys, but the flashy claim that it equals 1,400 BTC worth $117 million isn’t verified in the materials provided. The real story is the financing: a costly, perpetual preferred structure built for stacking BTC without straight debt.
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