According to Cointelegraph, Strive has closed a $630 million SATS initial public offering. The company did not disclose how much of the net proceeds will be allocated to Bitcoin holdings. Earlier analysis suggested that if Strive used all available proceeds for Bitcoin purchases, it could acquire roughly 7,372 BTC. This amount would exceed Metaplanet’s current Bitcoin holdings should Strive allocate the full proceeds to Bitcoin. The statement reflects only the information provided; no figures beyond those mentioned are included.
