Key facts
- Strive acquired 2,000 BTC for $169 million, at an average price of $84,422 per coin.
- The company's total Bitcoin holdings now stand at 29,462 BTC, valued at $2.53 billion.
- Strive's Bitcoin holdings have increased by over 290% year-to-date.
- ASST stock rose over 2% on Monday, trading at $30.61.
- ASST stock rallied over 139% in the third quarter.
- SATA preferred stock pays a daily dividend at an annualized rate of $13 per share.
Strive, the corporate Bitcoin treasury associated with Vivek Ramaswamy, has announced the acquisition of an additional 2,000 Bitcoin for approximately $169 million. This latest purchase, made between September 28 and October 2 at an average price of $84,422 per coin, brings Strive's total Bitcoin holdings to 29,462 BTC, valued at $2.53 billion.
The firm's CEO, Matt Cole, confirmed that 61.5% of the capital for this acquisition was raised from SATA, with warrants generating $56.7 million. Strive reported an 18.5% BTC yield in the third quarter of 2026. During that quarter, the company acquired 8,137 Bitcoin at an average cost of $78,885 per BTC.
Strive's total Bitcoin holdings have grown by over 290% year-to-date, positioning it to become the fourth-largest corporate Bitcoin treasury. The company recently surpassed crypto exchange Bullish to become the fifth-largest Bitcoin treasury globally. Strive's aggressive accumulation strategy is noted to be exceeding that of Michael Saylor's Strategy, which recently bought 334 BTC for $28.7 million.
Meanwhile, Strive's stock, ASST, saw a rise of over 2% to $30.61 in premarket trading on Monday, following a 139% rally in the third quarter. This positive sentiment in the stock is attributed to the bullish performance of Bitcoin, which recently reclaimed the $86,000 level. SATA preferred stock, which pays a daily dividend at an annualized rate of $13 per share, also traded above its $100 par value in premarket.