There is an interesting move worth paying attention to. Strive announced a financing plan this week—aiming to raise $150 million through the issuance of variable rate preferred shares (SATA). How will this money be spent? The main uses include: reducing debt, buying Bitcoin and related products, and advancing the company's development.
Even more interesting is that they just received shareholder approval last week to acquire Semler Scientific, and this deal is about to be finalized. Once completed, the company's Bitcoin holdings will increase by over 5,000 BTC. Considering the current BTC price, this is equivalent to heavily increasing their position using the financing funds.
From an investment logic perspective, this company is betting on the long-term value of Bitcoin. Financing and acquisitions are working together to directly convert cash into BTC assets, while expanding asset scale through M&A. Such moves have indeed become more common in the institutional investment circle nowadays.
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CoinBasedThinking
· 14h ago
Damn, Strive's move is really fierce, adding 150 million plus 5,000 BTC, it's straight-up all-in style.
Strive's approach is quite aggressive, financing acquisitions and bundling activities. Now that's how institutions play.
5,000 BTC? That's a bold bet, let's see if Bitcoin can keep showing off.
Raising funds to buy coins and expand assets—I've got to give props to this logic, but you need a big heart.
Both financing and M&A—are they burning cash like paper? They're betting on the long term.
Strive is truly increasing their stake; this move is really ruthless among institutions.
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LiquidationWatcher
· 14h ago
Whoa, 150 million directly invested in Bitcoin? Now that's real all-in. A combination of financing and acquisitions, grabbing 5,000 BTC. This guy really dares to bet.
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NFTRegretful
· 14h ago
You're adding more to your Bitcoin holdings again, this routine is getting more and more familiar.
This move is indeed aggressive, directly raising 150 million to buy coins and also making acquisitions—it's like treating a Hail Mary as an art form.
Five thousand BTC? If the coin price drops later, the shareholders will probably blow up.
Are the institutions truly committed or just gambling? It's hard to tell.
Wait, what is SATA? Variable rate preferred stock sounds a bit risky.
Since everyone is doing this, should I also consider some long-term holdings... Nah, I think I'll just observe for now.
Semler Scientific is probably all about those five thousand BTC, a clever acquisition.
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WhaleMistaker
· 14h ago
Wow, with this pace, going all-in on Bitcoin directly, financing + acquisition in one go, the gambler's mentality is unstoppable.
There is an interesting move worth paying attention to. Strive announced a financing plan this week—aiming to raise $150 million through the issuance of variable rate preferred shares (SATA). How will this money be spent? The main uses include: reducing debt, buying Bitcoin and related products, and advancing the company's development.
Even more interesting is that they just received shareholder approval last week to acquire Semler Scientific, and this deal is about to be finalized. Once completed, the company's Bitcoin holdings will increase by over 5,000 BTC. Considering the current BTC price, this is equivalent to heavily increasing their position using the financing funds.
From an investment logic perspective, this company is betting on the long-term value of Bitcoin. Financing and acquisitions are working together to directly convert cash into BTC assets, while expanding asset scale through M&A. Such moves have indeed become more common in the institutional investment circle nowadays.