Strive Buys 2,000 Bitcoin, Holds 29,462 BTC; Discloses Preferred Stock Buyback

Strive's disclosure puts its funding mix, not just its coin count, at the center of the story: a majority of raised capital arriving through preferred stock ties the treasury strategy to a costlier, yield-bearing instrument than common equity. The simultaneous buyback facility suggests management wants a release valve on that preferred layer, which matters for anyone tracking how bitcoin treasury companies finance accumulation without leaning on converts or ATM sales. Whether the preferred-heavy model persists, and how the buyback is used, is the open question.