Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

Crypto Insight Summary: The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Potential BTC purchase of $630M could boost demand.