Bitcoin treasury company Strive acquires Web3 media platform MSTR True North

Huobi HTX reported that Strive, a Bitcoin treasury company listed on Nasdaq, announced the acquisition of Web3 media platform MSTR True North, including its Bitcoin podcast and distribution channels. The specific acquisition amount has not been disclosed yet. It is reported that after the transaction is completed, True North founder Jeff Walton said that he was the chief risk officer of Strive. Strive previously disclosed that it had held 69 BTC and launched a $450 million share issuance to further increase its holdings in Bitcoin.