Business & Regulation·Protos· 10h ago

Bitcoin treasury firm Strive buys Strategy instead of bitcoin

Bitcoin treasury firm Strive buys Strategy instead of bitcoin

The Big Coin Report Take

A Bitcoin treasury firm, Strive, just spent $50 million in cash to acquire another Bitcoin treasury firm, Strategy. Apparently, buying more Bitcoin directly wasn't the most strategic move for a company whose entire premise is holding Bitcoin. Some things just write themselves.

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