Strive's SATA Tops Estimated 490 Bitcoin In A Single Day — More Than The Entire Daily Mining Supply

BTC

BTC/USDT

$79,622.01

-1.53%

$79,622.01

-1.53%

(24s)

24h Volume

$17,454,371,121.01

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

Bitcoin Magazine Editorial

(08:36 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Strive, Inc. crossed a notable threshold on Wednesday, with its Variable Rate Series A Perpetual Preferred Stock (Nasdaq: SATA) estimated to have acquired around 490 bitcoin through the company’s at-the-market program — a figure that exceeds the roughly 450 BTC the Bitcoin network produces in an average day.

The milestone places Strive in rare company. With miners currently earning 3.125 BTC…