Strive bought 2,822 bitcoin at about $83,266 each, lifting its treasury to 35,595 BTC, 18 more than MARA's 35,577. At $82,000 that margin is worth about $1.5 million, and Strategy still holds roughly 24 times as much.
Reality
- Evidence66
- Adoption
- Not scored
- Hype gap+22
- Incentives58
- Confidence68
Strive's SATA preferred raised an estimated $55M for bitcoin, almost all in two sessions above par
Strive's SATA preferred stock raised an estimated $55 million this week through its at-the-market program, enough for about 638 bitcoin. Nearly all of it came on the two days the shares held their $100 par, because issuance stops below that price.
Reality
- Evidence55
- Adoption40
- Hype gap+20
- Incentives45
- Confidence50
Strive paid for last week's 469 bitcoin entirely with preferred stock. The coupon on its $1.04 billion of SATA is 13%, charged every business day, against a treasury of 25,000 coins. Warrants struck at $27 expire in mid-October.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 22%
- Investor
- Investor 71%
Reality
- Evidence72
- Adoption55
- Hype gap+12
- Incentives65
- Confidence70
Stack BTC agrees to pay up to £12m for a gold dealer owned by its own strategy chief
Stack BTC has agreed to pay up to £12 million for Direct Bullion, a gold dealer that earned £2.15 million after tax last year, and the seller is the treasury firm's own chief strategy officer. Aquis classes the deal as related-party.
Reality
- Evidence55
- Adoption18
- Hype gap+38
- Incentives84
- Confidence58
Remixpoint sells four altcoins worth 4.5% of its crypto book to become bitcoin-only
Buyers in Japan, France, the UK and Dallas all added bitcoin in the same week; the Singapore name in the group sold its whole stack this year to repay $8.5m of debt, which is what a forced seller looks like.
Reality
- Evidence48
- Adoption63
- Hype gap+37
- Incentives72
- Confidence52
Strive's 13% preferred funds a ninth straight day of buying at 29% of last week's pace
Nine days of purchases paid for by a security that disburses cash every business day is a demand read on the preferred rather than on bitcoin. The coins Strive bought last week at $79,431 are marked at $77,100.
Reality
- Evidence58
- Adoption61
- Hype gap+24
- Incentives72
- Confidence54
A $1.59 billion discretionary pool now sits beside a $5.10 billion escrow for dividends and interest. Both were filled with equity, which moves the solvency question off the coin price.
Perspective Coverage
4 publishers
- Builder
- Builder 5%
- Operator
- Operator 23%
- Investor
- Investor 72%
Reality
- Evidence82
- Adoption79
- Hype gap+16
- Incentives72
- Confidence76
The Tokyo-listed treasury firm is committing about $134.6 million in coins and cash for 95.7% of Super League. Shareholders and regulators in two countries still have to sign off.
Perspective Coverage
4 publishers
- Builder
- Builder 8%
- Operator
- Operator 25%
- Investor
- Investor 67%
Reality
- Evidence74
- Adoption26
- Hype gap+27
- Incentives68
- Confidence66