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Strategy's STRC preferred series gets $50 million investment from fellow BTC treasury company Strive
๐คAI Summary
Strive, a BTC treasury company, invested $50 million in Strategy's STRC preferred series while simultaneously increasing its own bitcoin holdings and raising the dividend on its SATA preferred stock.
Key Takeaways
- โStrive invested $50 million in Strategy's STRC preferred series.
- โBoth companies maintain bitcoin treasury strategies.
- โStrive increased its own bitcoin holdings alongside the investment.
- โStrive boosted the dividend on its SATA preferred stock.
- โThe transaction represents collaboration between bitcoin treasury companies.
Read Original โvia CoinDesk
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