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Strive ($ASST) disclosed in an SEC 8-K that it bought 1,800 BTC between Aug 24 and 28 at an average $79,431, roughly $143 million, raising holdings from 21,356 BTC on Aug 21 to 23,156 BTC on Aug 28. The purchases were funded under a bitcoin treasury strategy built on the high-dividend SATA preferred and expanded share issuance, while cash and equivalents still rose from $171.9 million to $183.5 million, meaning corporate balance sheets remain a marginal source of spot BTC demand alongside ETF flows. The condition to watch is issuance capacity: if ASST equity or preferred pricing deteriorates and issuance is no longer accretive, this recurring bid weakens and the treasury-buyer cohort becomes a source of BTC downside beta rather than support.
As a Crypto signal, watch whether it changes price action, volatility, or flows around BTC, ASST.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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