BTC $77,284.56 +0.13%
ETH $2,511.33 -0.50%
BNB $721.85 -0.63%
XRP $1.36 -0.39%
SOL $101.38 -0.17%
TRX $0.3413 +0.41%
DOGE $0.0843 -0.65%
ADA $0.2087 +0.34%
BCH $224.66 -0.43%
LINK $11.44 -0.78%
HYPE $78.81 -1.21%
AAVE $126.79 +0.52%
SUI $0.7208 -0.40%
XLM $0.1805 +0.12%
ZEC $1,103.91 -1.94%
AAPL $330.73 -0.72%
AMZN $254.50 -0.79%
GOOGL $338.36 -0.84%
MSFT $492.05 -0.60%
META $644.29 -0.69%
NVDA $215.65 -1.22%
TSLA $362.70 -1.25%
SNDK $1,574.11 -3.02%
INTC $99.25 -2.71%
SPCX $149.22 -0.62%
MU $939.16 -2.86%
AMD $502.56 -2.58%
BTC $77,284.56 +0.13%
ETH $2,511.33 -0.50%
BNB $721.85 -0.63%
XRP $1.36 -0.39%
SOL $101.38 -0.17%
TRX $0.3413 +0.41%
DOGE $0.0843 -0.65%
ADA $0.2087 +0.34%
BCH $224.66 -0.43%
LINK $11.44 -0.78%
HYPE $78.81 -1.21%
AAVE $126.79 +0.52%
SUI $0.7208 -0.40%
XLM $0.1805 +0.12%
ZEC $1,103.91 -1.94%
AAPL $330.73 -0.72%
AMZN $254.50 -0.79%
GOOGL $338.36 -0.84%
MSFT $492.05 -0.60%
META $644.29 -0.69%
NVDA $215.65 -1.22%
TSLA $362.70 -1.25%
SNDK $1,574.11 -3.02%
INTC $99.25 -2.71%
SPCX $149.22 -0.62%
MU $939.16 -2.86%
AMD $502.56 -2.58%

strive

All
Article
Flash

Strive's preferred stock scale approaches 1 billion USD, Gemini approved for full MPI license in Singapore

According to BBX data, global listed treasury, well-known exchanges, and cross-border clearing platforms disclosed the latest updates yesterday, with the core information as follows:Strive's preferred stock SATA approaches $1 billion, holding over 24,500 coins: The perpetual preferred stock SATA issued by Strive (NASDAQ: $ASST) has a market value nearing $1 billion. Currently, Strive's balance sheet holds a total of 24,531 Bitcoins (worth approximately $1.96 billion). Thanks to an annualized dividend yield of up to 13%, SATA demonstrates strong financing capabilities, helping the company continuously raise funds to allocate BTC. In contrast, the similar preferred stock STRC under another treasury giant Strategy has an annualized dividend yield of 12%, but its secondary market trading price has consistently underperformed its par value, failing to return to the $100 benchmark since May of this year.Gemini obtains a Major Payment Institution license from the Monetary Authority of Singapore (MAS): Cryptocurrency exchange Gemini officially announced that its Singapore entity, Gemini Digital Payments Singapore, Pte. Ltd. (GDPSPL), has successfully obtained a Major Payment Institution (MPI) license officially issued by the Monetary Authority of Singapore (MAS). After approval, Gemini will be allowed to compliantly provide digital payment tokens (DPT) and compliant cross-border remittance clearing services within Singapore, further solidifying its compliance center layout in the Asia-Pacific region.OSL Group partners with Waka to facilitate stablecoin settlements for trade corridors between Africa and the world: Hong Kong-listed stablecoin payment and trading platform OSL Group (00863.HK) announced a deep cooperation with the payment platform Waka, which connects emerging market liquidity and clearing networks. OSL will deeply integrate institutional-level infrastructure covering stablecoin to USD and USD-native payment capabilities into Waka's clearing system, focusing on empowering seamless cross-border clearing and corporate settlement needs for major trade corridors between Africa and the world.

Strive invested over 100 million USD to increase its holdings by 1,375 BTC, and Canaan Creative released its Q2 financial report while holding 1,915 BTC

According to BBX data, yesterday and in recent days, publicly listed companies in the U.S. stock market have disclosed the latest official updates regarding digital asset treasury allocations and mining operation ledgers, with the core information as follows:Strive (NASDAQ: $ASST) spent $109 million to increase its holdings by 1,375 BTC: The publicly listed company Strive disclosed its latest position updates, revealing that the company made a significant purchase of 1,375 bitcoins last week at an average price of approximately $79,281, totaling about $109 million. Following this large-scale increase, Strive's total bitcoin holdings have officially risen to 24,531 BTC, continuing to solidify its position in the scale of bitcoin treasury among publicly listed companies in the U.S. stock market.Canaan Creative (NASDAQ: $CAN) produced 243 BTC in Q2, with treasury holdings of over 1,900 BTC and nearly 4,000 ETH: Bitcoin mining machine manufacturing and computing power operation company Canaan Creative announced its unaudited financial performance for the second quarter of 2026. The company's total revenue for Q2 was $31.9 million (a decrease of 49.1% quarter-over-quarter and a decrease of 68.1% year-over-year); the net loss was $97.6 million (a 9% increase quarter-over-quarter and a 7.8 times increase year-over-year). In terms of mining output and asset reserves, Canaan Creative produced 243 bitcoins from self-mining in the second quarter; as of now, its balance sheet holds a total of 1,915.5 bitcoins and 3,951.7 ethers (ETH).

Strive CEO: The company may become the world's second-largest publicly listed Bitcoin holder by the end of the year

Strive CEO Matt Cole stated that after increasing its holdings by 3,156 BTC in August, the company could potentially become the world's second-largest publicly traded Bitcoin holder by the end of 2026, second only to Strategy. However, he emphasized that this is not its baseline expectation and requires multiple factors to align.Cole pointed out that Strive currently has over $700 million in unexercised warrants, which will expire in mid-October. If the company's stock price exceeds the $27 exercise price, the conversion of the warrants could bring Strive hundreds of millions of dollars in funding for further Bitcoin purchases. He mentioned that if combined with approximately $700 million in digital credit capacity, the potential funds available for buying BTC could reach $1.4 billion.Strive significantly accelerated its buying pace in August, purchasing 3,156 BTC in a single month, compared to only 136 BTC in July. The company currently holds a total of 23,156 BTC, valued at nearly $1.9 billion, and has become the fifth-largest publicly traded Bitcoin treasury company in the world, surpassing the crypto exchange Bullish last week. The current second-largest publicly traded Bitcoin holder is Twenty One Capital, which holds 43,514 BTC, about twice that of Strive. With 17 weeks remaining until the end of the year, if Twenty One does not increase its holdings, Strive would need to purchase approximately 1,200 BTC per week on average to surpass it. The article noted that Twenty One has not added any BTC since July 2025, so this goal is theoretically possible.

Strive to become the 7th largest publicly traded company holding Bitcoin, with approximately 1.7 billion dollars in Bitcoin

Bitcoin News posted on the X platform that Strive Asset Management purchased 1,110 bitcoins for approximately $81.5 million, increasing its bitcoin holdings to 21,356 bitcoins. Based on a bitcoin price of about $80,000, the holdings are valued at approximately $1.7 billion, making it the seventh largest company by bitcoin reserves among publicly traded companies.According to documents submitted to the U.S. Securities and Exchange Commission, Strive completed the purchase between August 17 and 21, with an average purchase price of $73,409 per bitcoin, including fees and related expenses. This purchase increased its bitcoin holdings by approximately 5.5% from the previous 20,246 bitcoins.Strive raised funds through the issuance of ASST common stock and SATA preferred stock to execute its bitcoin reserve strategy. During the same period, its Class A shares increased by approximately 3.65 million shares, reaching 79.89 million shares, and it issued 441,313 shares of SATA preferred stock. Due to the increase in the number of shares, Strive's total bitcoin holdings grew by approximately 5.5%, but the bitcoin holdings per fully diluted share only increased by about 1.4%.Strive CEO Matt Cole posted on the X platform that the company added 1,110 bitcoins at an average cost of $73,409 per bitcoin, bringing the total holdings to 21,356 bitcoins.Previously, in August, Strive purchased 147 bitcoins at an average price of over $64,800 per bitcoin, and subsequently purchased 79 bitcoins at an average price of $63,231 per bitcoin, totaling 226 bitcoins. In June, Strive purchased 2,500 bitcoins for $185.2 million, increasing its holdings to 19,000 bitcoins.As of August 21, Strive's cash and cash equivalents increased from approximately $154.8 million to $171.9 million. The price of SATA preferred stock is approximately $100, and the annualized dividend yield was raised to 13% in April.
app_icon
ChainCatcher Building the Web3 world with innovations.