Strive Buys $109M Bitcoin, Preferred Stock Nears $1B

Strive's steady weekly accumulation signals deliberate scaling rather than opportunistic buying, reinforcing a trend of asset managers using preferred stock structures to channel capital into Bitcoin. The near-$1B preferred stock milestone suggests growing institutional appetite for vehicles that offer Bitcoin exposure with a fixed-income twist. What matters next is whether this pace is sustainable and if similar structures attract broader adoption, as the intersection of traditional finance instruments and digital assets continues to evolve.