Bitcoin climbs towards $84,000 with Strive's new capital to buy coins

The price of bitcoin recorded a strong jump, approaching the level of 84,000 dollars after the optimistic statements of the officials of the US Federal Reserve (Fed). The President of the Fed in New York, John Williams, hinted at monetary stability by saying that he does not expect an increase in interest rates in 2027, which created positive sentiment in risk markets. Such statements fueled a general recovery in the crypto market, where ZEC led the rise among major altcoins, while shares of South Korean chip makers snapped a five-day losing streak ahead of the release of key inflation data in the United States.

Positive market movements are further reinforced by aggressive corporate strategies of crypto asset accumulation. Asset management company Strive has announced a plan to raise $500 million with the sole purpose of buying additional amounts of bitcoin. The financing will be realized through the issuance of a new class of preferred shares, whereby the company continues to follow the model of institutional adoption of digital gold as a basic reserve asset.

The new share class, called SATS, will offer a fixed dividend yield of 15% on par and will be subordinated to the company's existing SATA share class, which pays a variable rate, which currently stands at 13%. This financial mechanism attracts investors looking for high returns combined with indirect exposure to the rise in the price of bitcoin, confirming the growth trend of specialized instruments on Wall Street focused on the accumulation of digital assets.

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