Strive seeks to raise up to 150 million USD by selling Variable Rate Series A Perpetual Preferred Stock. The proceeds will primarily go towards debt repayment and acquiring more Bitcoin.
By acquiring Semler Scientific, Strive’s total Bitcoin will increase significantly, enhancing their market position during a challenging time for crypto treasury firms.
Executives warn of potential difficulties for digital asset treasury companies by 2026 due to market pressures, leading to possible shutdowns.
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