Strive, a publicly listed Bitcoin treasury company, has announced a $500 million At-The-Market (ATM) stock offering. The funds raised will be used for general corporate purposes, including increasing Bitcoin and related product holdings, working capital, purchasing income-generating assets, repurchasing Class A common stock, and debt repayment. Additionally, the funds may be used for acquiring related businesses or technologies. Strive submitted a supplemental filing to the SEC on December 9. As of November 7, the company held approximately 7,525 Bitcoins.
Strive Launches $500 Million ATM Offering to Boost Bitcoin Holdings
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