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Beincrypto

Strive Doubles Down on Bitcoin With $500 Million Offering as Portfolio Slides Nearly 18%

Bitcoin treasury firm Strive has unveiled a $500 million at-the-market offering, with plans to allocate the funds toward broad corporate needs, including the purchase of Bitcoin (BTC). The announcement comes as the firm faces an unrealized loss of nearly 18% on its existing Bitcoin holdings amid the cryptocurrency's downturn. Strive Targets Larger Bitcoin Holdings DespiteThe post Strive Doubles Down on Bitcoin With $500 Million Offering as Portfolio Slides Nearly 18% appeared first on BeInCrypto.

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