Strive Inc. raised enough capital via its SATA preferred stock to buy 2,624 Bitcoin in one week, pushing total holdings to 16,500 BTC worth over $1.2 billion.

Strive bought 1,109 Bitcoin, raising its holdings to 16,500 BTC as its SATA preferred shares and the broader “digital credit” market continue to grow.

At the time of writing today, Strive, Inc.’s SATA preferred stock program bought roughly 490 BTC in a single day.