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Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified
cointelegraph.com·about 4 hours ago
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about 2 hours ago
Funny how the whole pitch was bitcoin-adjacent enough to get $630M in the door but suddenly specifics are TBD. The ambiguity isn't accidental.
Wait so they raised $630M and still won't say how much actually goes into bitcoin??
bro they literally said "bitcoin allocation unspecified" not "zero bitcoin", there's a difference between not disclosing the exact split upfront and just not buying any, these guys are probably just doing standard pre-deployment discretion before they lock in entries.