Bitcoin Price Prediction: $90K on the Edge as $150M BTC Buy Plan Fuels the Next Move
Bitcoin price prediction: Will the $150M BTC buy plan fuel a price surge above $90,000?
Bitcoin price prediction: Will the $150M BTC buy plan fuel a price surge above $90,000?
Strive, a Bitcoin treasury firm backed by Vivek Ramaswamy, is raising $150 million to acquire more Bitcoin, reflecting growing institutional interest in digital assets.
Strive announces a $150M preferred stock offering to fund Bitcoin acquisition and debt reduction, holding approximately 12,798 BTC as whale accumulation continues.
Strive plans to raise $150 million to pay down debt and buy more Bitcoin, while considering private debt-for-equity swaps for holders of Semler convertible notes.
Strive ($ASST) plans a $150 million follow-on offering to retire convertible notes, buy more Bitcoin, and support corporate needs, enhancing its financial position and digital asset exposure.
Strive’s acquisition of Semler Scientific has expanded its Bitcoin holdings, but the market reaction has been tepid, with Strive’s stock falling nearly 12%.
Strive shares fall 12% after Semler deal to expand Bitcoin treasury, adding 5,048 BTC to its holdings and ranking it 11th among public companies.
Strive and Semler Scientific stocks fell after shareholders approved Strive’s acquisition, including the transfer of Semler Scientific’s Bitcoin treasury, amidst market uncertainty about the deal’s implications.
Strive ($ASST) acquires Semler Scientific, boosting its Bitcoin holdings to nearly 13,000 BTC in a strategic all-stock deal. Learn the market implications.
Strive Inc. aims to raise $500M for Bitcoin reserves, reflecting growing institutional interest in cryptocurrencies.