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Strategy's STRC preferred series gets $50 million investment from fellow BTC treasury company Strive
π€AI 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
- βStrive invested $50 million in Strategy's STRC preferred series.
- βBoth companies maintain bitcoin treasury strategies.
- βStrive increased its own bitcoin holdings alongside the investment.
- βStrive boosted the dividend on its SATA preferred stock.
- βThe transaction represents collaboration between bitcoin treasury companies.
Read Original βvia CoinDesk
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