Strive buys $81.5M in Bitcoin after issuing new shares, holdings up 5.5%

Strive has purchased $81.5 million worth of Bitcoin after issuing new shares, increasing its total Bitcoin holdings by 5.5%. However, Bitcoin per fully diluted share rose only about 1.4%, meaning existing shareholders gained relatively little from the move. The strategy of listed companies accumulating Bitcoin has grown in popularity following MicroStrategy's example.