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Door Remote - 24 Aug 2026
Today in crypto, Strive added $81.5 million in Bitcoin as its shares jumped, Strategy raised about $2 billion but held off on further BTC purchases and Pakistan opened its crypto licensing portal with a Sept. 5 deadline for existing providers.
Strive adds $81.5 million in Bitcoin as shares jumpStrive bought 1,110 Bitcoin for roughly $81.5 million last week, lifting its holdings above 21,000 BTC as its Nasdaq-listed shares rose more than 8% on Monday.
The company acquired the Bitcoin between Aug. 17 and Aug. 21 at an average price of $73,409 per BTC, including fees and expenses, according to a regulatory filing. The purchases brought Strive’s total holdings to 21,356 BTC, making it the seventh-largest publicly traded corporate Bitcoin holder, according to BitcoinTreasuries.NET.
Strive reported $171.9 million in cash and cash equivalents after adding $17.1 million during the period. Its Class A shares outstanding increased to 79.89 million.
The company also held 505,000 shares of Strategy’s STRC preferred stock, valued at $48.6 million as of Aug. 21.
Meanwhile, Strive’s SATA preferred shares closed Friday at $100.01, returning to management’s targeted $99-to-$101 range. The company raised SATA’s annualized dividend rate to 13% in April and began paying dividends daily in June.
Strategy pauses BTC buys, launches $1.6 billion cash pool after $2 billion raiseStrategy, the world’s largest public company holding Bitcoin, raised about $2 billion through common stock sales last week while making no new Bitcoin purchases.
The Bitcoin treasury company sold 18.26 million MSTR shares between Aug. 17 and Aug. 23 through its at-the-market (ATM) offering program, according to a Monday filing with the US Securities and Exchange Commission.
Strategy repurchased about 1.43 million of its STRC preferred shares for $136.4 million, added $300 million to its US dollar reserve and directed the remaining proceeds to a newly launched US dollar cash account. The company reported $5.1 billion in its reserve and $1.59 billion in the new cash account as of Sunday, bringing its total cash across the two pools to $6.69 billion.
Strategy said the new cash account gives management more flexibility to respond to market conditions and can fund purposes including Bitcoin purchases, preferred-stock dividends, debt payments and securities repurchases. The company made no Bitcoin purchases or sales during the week, leaving its holdings at 840,447 BTC, acquired for $63.36 billion at an average price of $75,385 per Bitcoin.
Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firmsPakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal after notifying regulations governing crypto exchanges and other virtual asset service providers (VASPs) operating in the country.
Companies providing virtual asset services on or before March 5 must submit an application for a no-objection certificate (NOC) by Sept. 5 or cease operations, according to the PVARA licensing website. Operating after the deadline without submitting an application will constitute an offense, PVARA said in a Saturday press release published by the Associated Press of Pakistan.
“The licensing window is officially open, creating a clear pathway for businesses to enter Pakistan’s regulated virtual asset market, with defined standards for consumer protection, governance, compliance and market integrity,” PVARA said on LinkedIn.
The launch moves Pakistan’s crypto framework from legislation into enforcement, requiring domestic and overseas VASPs to enter the formal licensing process or stop serving the market.
Strive adds $81.5 million in Bitcoin as shares jumpStrive bought 1,110 Bitcoin for roughly $81.5 million last week, lifting its holdings above 21,000 BTC as its Nasdaq-listed shares rose more than 8% on Monday.
The company acquired the Bitcoin between Aug. 17 and Aug. 21 at an average price of $73,409 per BTC, including fees and expenses, according to a regulatory filing. The purchases brought Strive’s total holdings to 21,356 BTC, making it the seventh-largest publicly traded corporate Bitcoin holder, according to BitcoinTreasuries.NET.
Strive reported $171.9 million in cash and cash equivalents after adding $17.1 million during the period. Its Class A shares outstanding increased to 79.89 million.
The company also held 505,000 shares of Strategy’s STRC preferred stock, valued at $48.6 million as of Aug. 21.
Meanwhile, Strive’s SATA preferred shares closed Friday at $100.01, returning to management’s targeted $99-to-$101 range. The company raised SATA’s annualized dividend rate to 13% in April and began paying dividends daily in June.
Strategy pauses BTC buys, launches $1.6 billion cash pool after $2 billion raiseStrategy, the world’s largest public company holding Bitcoin, raised about $2 billion through common stock sales last week while making no new Bitcoin purchases.
The Bitcoin treasury company sold 18.26 million MSTR shares between Aug. 17 and Aug. 23 through its at-the-market (ATM) offering program, according to a Monday filing with the US Securities and Exchange Commission.
Strategy repurchased about 1.43 million of its STRC preferred shares for $136.4 million, added $300 million to its US dollar reserve and directed the remaining proceeds to a newly launched US dollar cash account. The company reported $5.1 billion in its reserve and $1.59 billion in the new cash account as of Sunday, bringing its total cash across the two pools to $6.69 billion.
Strategy said the new cash account gives management more flexibility to respond to market conditions and can fund purposes including Bitcoin purchases, preferred-stock dividends, debt payments and securities repurchases. The company made no Bitcoin purchases or sales during the week, leaving its holdings at 840,447 BTC, acquired for $63.36 billion at an average price of $75,385 per Bitcoin.
Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firmsPakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal after notifying regulations governing crypto exchanges and other virtual asset service providers (VASPs) operating in the country.
Companies providing virtual asset services on or before March 5 must submit an application for a no-objection certificate (NOC) by Sept. 5 or cease operations, according to the PVARA licensing website. Operating after the deadline without submitting an application will constitute an offense, PVARA said in a Saturday press release published by the Associated Press of Pakistan.
“The licensing window is officially open, creating a clear pathway for businesses to enter Pakistan’s regulated virtual asset market, with defined standards for consumer protection, governance, compliance and market integrity,” PVARA said on LinkedIn.
The launch moves Pakistan’s crypto framework from legislation into enforcement, requiring domestic and overseas VASPs to enter the formal licensing process or stop serving the market.