CryptoBriefing reported that Matt Cole, CEO of Strive (ASST), a strategic Bitcoin accumulation company, indicated that the company aims to increase its holdings to over 27,000 BTC by the end of the year. Previously, Strive purchased 1,800 BTC for approximately $143 million in the last week of August alone. Meanwhile, TD Cowen had raised its year-end BTC holding forecast for Strive to 27,156 BTC. The company is funding its BTC purchases through the issuance of preferred stock SATA, rather than additional common stock issuance or borrowing, and as of August 28, its holdings stood at 23,156 BTC.
