Key facts
- Strive acquired 469 Bitcoin for $36.6 million between September 8 and September 11, 2026.
- The purchase increased Strive's total Bitcoin holdings to 25,000 BTC.
- The acquisition was funded by proceeds from the sale of Strive's SATA perpetual preferred stock.
- Strive's SATA preferred stock has surpassed $1 billion in notional value outstanding.
- The average price paid for the Bitcoin was $77,954 per BTC.
Strive acquired an additional 469 Bitcoin for $36.6 million between September 8 and September 11, 2026, bringing its total holdings to 25,000 BTC. The purchase was funded entirely through proceeds from sales of SATA, the company's perpetual preferred stock, which has now surpassed $1 billion in notional value outstanding. According to a Form 8-K filed with the SEC, the average price paid was $77,954 per BTC, including fees and expenses. CEO Matt Cole stated that 100% of the capital raised came from SATA. Strive's Class A common stock saw a modest increase in shares outstanding during the period. The company ranks fifth among public Bitcoin holders, behind Twenty One Capital, Metaplanet, and MARA Holdings.
