Key facts
- Strive added 469 Bitcoin valued at approximately $36.6 million.
- The company's total Bitcoin holdings reached 25,000 BTC as of September 11, 2026.
Strive acquired 469 Bitcoin for approximately $36.6 million, increasing its total holdings to 25,000 BTC as of September 11, 2026. The company funded the purchase using its Variable Rate Series A Perpetual Preferred Stock, known as SATA, and did not use common share proceeds.
Strive's continued expansion of its Bitcoin treasury demonstrates ongoing institutional adoption of the cryptocurrency as a reserve asset, funded through innovative financial instruments.
Strive has expanded its Bitcoin holdings by acquiring 469 BTC, valued at approximately $36.6 million, as of September 11, 2026. This latest transaction brings the company's total Bitcoin reserves to 25,000 BTC. The acquisition was funded through Strive's Variable Rate Series A Perpetual Preferred Stock (SATA), a financial instrument that allows the company to raise capital via preferred stock without utilizing common share proceeds.
The average price paid for the recent Bitcoin purchase was about $77,954 per coin. Strive's Chief Executive, Matt Cole, shared the company's Bitcoin portfolio tracker on X, noting it was a significant period for the company's holdings. This purchase follows a series of recent acquisitions, including 1,800 BTC in late August and an additional 1,375 BTC.
Beyond its Bitcoin reserves, Strive maintained a balance sheet that included 505,000 shares of Strategy's STRC preferred stock, with a fair value of approximately $49.81 million, and about $204.2 million in cash as of September 11, 2026. The company also reported an amplification ratio of 53.5%, a metric used to compare Bitcoin exposure available to common shareholders against its net asset value.