Strive's purchase of $50 million of strategy's strc preferred stock is a minor investment relative to the overall bitcoin market cap. while it shows confidence from one btc treasury company to another, it is unlikely to cause significant price movement in bitcoin itself.
The information is from a financial news outlet (coindesk) reporting on company announcements. the details of the investment and strive's btc holdings are stated clearly.
The investment is in preferred stock of a company (strategy) and not directly in bitcoin. while strive increased its btc holdings, the amount is not substantial enough to immediately impact the broader btc price.
The immediate market reaction to such an announcement is usually short-lived, especially given the relatively small size of the transaction compared to the overall crypto market.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy's STRC preferred series gets $50 million investment from fellow BTC treasury company Strive Strive also added to its bitcoin holdings and boosted the dividend on its own SATA preferred stock. By James Van Straten | Edited by Stephen Alpher Mar 11, 2026, 2:07 p.m. Make us preferred on Google What to know : Strive purchased an additional 179 bitcoin, increasing total holdings to 13,311 Bitcoin. The company also lifted the dividend on its SATA preferred stock to 12.75% and purchased $50 million of Strategy's STRC, which yields 11.5%. ASST was modestly higher on Wednesday alongside a small gain in the price of bitcoin. Roughed-up bitcoin treasury company Strive (ASST) announced a number of balance sheet moves on Wednesday. The company purchased an additional 179 bitcoin, bringing total holdings to 13,311 BTC, worth about $930 million at current prices. Strive also lifted the dividend on its perpetual preferred security SATA by 25 basis points to 12.75%. SATA was ahead 1.4%, but still trading well below par at $96.22. The company also announced the purchase $50 million of Strategy's (MSTR) perpetual preferred stock, STRC, which currently yields 11.5%. Among a large group of companies quickly formed in 2025 to try and mimic the success of Michael Saylor's Strategy, Strive has struggled, losing more than 90% of its value since its summer 2025 peak and recently having to undertake a 1:20 reverse stock split to keep its share price above $1. ASST was higher by 2.2% early Wednesday as bitcoin re-took the $70,000 level. Bitcoin News Strategy Mehr für Sie Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race Von CoinDesk Research 27. Feb. 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. Was Sie wissen sollten : Disrupting a Stagnant Market : Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. View Full Report Mehr für Sie U.S. February CPI matches forecasts, reinforcing expectations for no near-term rate cuts Von James Van Straten | Bearbeitet von Stephen Alpher vor 1 Stunde The price of bitcoin was trading at $69,500 following the news, down 1.2% over the past 24 hours. Was Sie wissen sollten : February CPI rose 0.3% for the month and 2.4% year-over-year, in line with market forecasts. Markets continue to expect no Fed rate cuts at the central bank's upcoming March and April meetings. Bitcoin was trading at $69,500 following the news, down 1.2% over the past 24 hours. Ganze Geschichte lesen Latest Crypto News CoinDesk 20 performance update: Hedera (HBAR) drops 1.8%, leading index lower 40 minutes ago Ghana opens crypto trading sandbox with 11 firms under new VASP law 46 minutes ago Mining giant Foundry to introduce institutional zcash mining pool 1 hour ago U.S. February CPI matches forecasts, reinforcing expectations for no near-term rate cuts 1 hour ago Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions 1 hour ago Binance, PayPal and Ripple join Mastercard’s massive new push into blockchain payments 2 hours ago Top Stories Bitcoin drops on Iran war uncertainty, AI tokens jump 3 hours ago Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet 5 hours ago Bitcoin traders bet on a rally above $80,000 9 hours ago Next week could spice things up for bitcoin as seven central banks face an inflation test 6 hours ago Elon Musk announces X Money launch date for April 9 hours ago Oracle jumps 11% premarket as AI demand challenges 'SaaS apocalypse' fears 3 hours ago