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via Bitcoin Magazine · By Bitcoin Magazine Editorial

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

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Bitcoin Magazine Editorial

(08:36 PM UTC)

1 min read

Updated byDavid Kim

636 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Bitcoin Magazine Editorial · Bitcoin Magazine

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