Strive bought $511M of bitcoin and is closing in on the second-largest corporate BTC treasury. Corporate treasury demand is still a real bid under the tape, and deals like this keep tightening the flo

What happened: Strive bought $511 million of bitcoin, putting it within 1,000 BTC of second-place Metaplanet among corporate bitcoin treasuries, and unveiled a $1 billion preferred stock offering program. Key numbers: $511 million bitcoin purchase; within 1,000 BTC of Metaplanet; $1 billion preferred stock offering program. Why it matters: The purchase moves Strive close to the second-largest corporate bitcoin treasury, and the new preferred stock program gives it a funding structure for further accumulation.

Strive bought $511 million of bitcoin, putting it within 1,000 BTC of second-place Metaplanet among corporate bitcoin treasuries, and unveiled a $1 billion preferred stock offering program.

The purchase moves Strive close to the second-largest corporate bitcoin treasury, and the new preferred stock program gives it a funding structure for further accumulation.