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via Decrypt · By Decrypt Editorial

As Strategy Sells Bitcoin, Strive Doubles Down With $4.2 Billion Offering

BTC

BTC/USDT

$84,322.50
+0.67%
24h Volume

$20,853,120,670.04

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short
57.4%
Long: 57.4%Short: 42.6%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels
Resistance 3$94,549.91
Resistance 2$86,763.46
Resistance 1$84,366.01
Price$84,264.00
Support 1$83,209.30
Support 2$77,001.87
Support 3$75,259.66
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):64.9
DE
Decrypt Editorial
(06:24 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

In brief

  • Benchmark-StoneX initiated a "Buy" rating on Strive, praising its “nimble” debt-free framework and preferred stock.
  • Strive expanded its holdings to 19,000 BTC ($1.3 billion) and announced plans to increase an issuance program by $4.2 billion.
  • Despite targeting the same group of investors, analyst Mark Palmer described Strive and Strategy as friendly rivals.

Strive received a nod of…

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Source

Decrypt Editorial · Decrypt

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