Strive: 69 Bitcoins have been purchased and implemented a $500 million stock buyback program

Golden Finance reported that after AssetEntities approved the merger of Strive Inc., a Bitcoin treasury company established with Strive, the company released information on board members, including CEO Matt Cole, CFO Ben Pham, etc. In addition, the company also disclosed that it has purchased 69 bitcoins and plans to use the $750 million in financing announced in May and the additional $750 million in funds that may be obtained within one year after the exercise of warrants. In addition, the company has also been qualified as a well-known senior issuer (WKSI) for its shelved registration. While obtaining WKSI shelved registration, the company announced a $450 million market-price issuance program and a $500 million stock buyback program to maintain maximum balance sheet flexibility and thus increase the issuance of Bitcoin per share.