True North(@TNorth):Strive $ASST has roughly $718 million of warrants outstanding at a $27 exercise price. If exercised, that capital comes directly onto Strive’s balance sheet and creates another opportunity to acquire Bitcoin. At roughly $80,000-$85,000 per Bitcoin, full exercise could translate to more than 8,000 additional $BTC. The tradeoff is amplification: more common shares are issued, but Strive receives hundreds of millions in new capital to put to work. The “warrant wall” could become a major source of capital for the next stage of Strive’s Bitcoin strategy.

2026.09.11 00:00

Strive $ASST has roughly $718 million of warrants outstanding at a $27 exercise price. If exercised, that capital comes directly onto Strive’s balance sheet and creates another opportunity to acquire Bitcoin. At roughly $80,000-$85,000 per Bitcoin, full exercise could translate to more than 8,000 additional $BTC. The tradeoff is amplification: more common shares are issued, but Strive receives hundreds of millions in new capital to put to work. The “warrant wall” could become a major source of capital for the next stage of Strive’s Bitcoin strategy.