How Strive's huge announcement will help fund its bitcoin purchases

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Strive plans to raise up to $500 million through an at-the-market offering of common stock, giving it a flexible source of capital for bitcoin purchases and other corporate purposes. The company may sell shares over time at prevailing market prices, rather than raising the full amount at once. The plan could expand Strive’s capacity to add bitcoin, but purchases depend on actual share sales and how the company allocates the proceeds.

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