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Strive funds 469 bitcoin with preferred stock costing $11,170 per coin a year
Strive paid for last week's 469 bitcoin entirely with preferred stock. The coupon on its $1.04 billion of SATA is 13%, charged every business day, against a treasury of 25,000 coins. Warrants struck at $27 expire in mid-October.
Reality
- Evidence76
- Adoption58
- Hype gap+16
- Incentives74
- Confidence72