Bitcoin treasury company Strive acquires Web3 media platform MSTR True North

Jinse Finance reported that Strive, a Nasdaq-listed Bitcoin treasury company, announced the acquisition of the Web3 media platform MSTR True North, including its Bitcoin podcast and distribution channels. The specific acquisition amount has not been disclosed. It is reported that after the transaction is completed, True North founder Jeff Walton will become Strive's Chief Risk Officer. Strive previously disclosed that it holds 69 BTC and has launched a $450 million share offering to further increase its Bitcoin holdings.