Strive Adds 1,223 Bitcoin to Treasury, Bringing Holdings to 36,818 BTC

Key facts

• Strive purchased 1,223 Bitcoin at an average price of $81,734 per coin.
• The company's Bitcoin holdings now stand at 36,818 BTC.
• Strive is awaiting settlement of its SATS preferred stock offering, expected to yield around $630 million.
• Proceeds from the SATS offering will be used for Bitcoin purchases, working capital, and income-generating investments.

Strive has acquired an additional 1,223 Bitcoin for approximately $100 million, bringing its total holdings to 36,818 BTC. The purchase, made between October 14 and 16 at an average price of $81,734 per coin, follows a prior acquisition of 2,822 BTC earlier in October. The company is also anticipating the settlement of its SATS preferred stock offering on October 20, which is expected to raise around $630 million. Proceeds from this offering are earmarked for Bitcoin purchases, working capital, and income-generating investments.