Live updates: Bitcoin under pressure as rates continue to rise

16 minutes ago · 8:13 a.m. EDTStephen AlpherShare this postX iconX (Twitter)LinkedInFacebookEmailStrive continues fast accumulation pace, adding 2,000 bitcoin last week

Strive ASST$30.85·Market Closed, the bitcoin treasury company led by Matt Cole, added another 2,000 bitcoin last week for $169 million, bringing total holdings to 29,462 valued at nearly $2.5 billion.

Funds for the purchase were raised via warrant exercises on the common stock as well as sales of the company’s high-yielding preferred stock SATA, which has continued to trade at its par value of $100.