Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million

The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.
Source: decrypt.co

The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.
Source: decrypt.co
The gold price consolidated above $4,600 an ounce, rising as much as 0.7% and recovering part of Wednesday’s pullback. Investors are weighing the Federal Reserve’s inflation stance ahead of the Jackson Hole symposium this week. Bullion snapped a five-day winning streak on Wednesday. However, a report showing inflation above the Fed’s target raised rate-hike odds,…
The US Treasury has set a $6 billion ceiling for a Sept. 10 buyback of older long-dated bonds, giving dealers more room to offload inventory. For Bitcoin, the question is whether that relief can extend beyond bond trading into broader financing conditions. The tentative schedule published Sept. 9 targets nominal Treasury securities with 10 to…