Strive Stock’s Bitcoin Play Grows, Traders Eye the Open
Strive Inc.’s Class A shares traded at $19.24 in Friday premarket, up from Thursday’s $18.53 close, after the company disclosed it bought 381.61 bitcoin last week, raising its total to 15,391 coins. Strive reported $87.3 million in cash and $49.8 million in Strategy Inc. preferred stock as of May 18. SATA preferred dividends will shift to daily payments starting June 16. U.S. equity markets close Monday for Memorial Day.