Strive raises $10M in ATM proceeds to acquire over 130 Bitcoin

Strive raised $10 million through an at-the-market equity offering and used the proceeds to acquire over 130 Bitcoin. The transaction aligns with a broader trend of public companies financing BTC purchases via equity offerings, indicating continued institutional demand for Bitcoin as a treasury asset. While the position is modest relative to global supply, it marginally reduces available coins and contributes to price-support dynamics and corporate adoption signaling.