Odaily Planet Daily News According to monitoring by Bitcoin News, Strive purchased 1,800 bitcoins between August 24 and August 28 at an average price of $79,431 per coin. The total transaction value was approximately $143 million, including fees and related expenses. The purchase increased its bitcoin holdings from 21,356 to 23,156 bitcoins, with a holdings value of about $1.8 billion, and it has surpassed the digital asset exchange Bullish to become the fifth-largest public company by bitcoin holdings, behind only Strategy, Twenty One Capital, Metaplanet, and MARA Holdings. Within 15 days, Strive accumulated nearly 3,000 additional bitcoins: it bought 1,110 bitcoins between August 17 and August 21 for about $81.5 million, and earlier in August it bought 79 bitcoins for about $5 million. Strive CEO Matt Cole confirmed the related purchases in a post on X on August 31. The funds for this purchase mainly came from stock sales rather than debt financing. During the period, the number of ASST common shares increased from about 79.9 million to 83.5 million, and the number of SATA preferred shares also rose. The two plans are expected to raise approximately $154.6 million in total, of which about $143 million will be used to buy bitcoin. SATA currently offers an annualized dividend of 13%, paid on each business day. Strive said it has repaid outstanding debt, has no margin requirements at present, and that its bitcoins are not pledged. The company bought nearly 3,000 bitcoins in total during August. Its ASST share price rose by more than 5% on Monday and gained nearly 100% cumulatively for the month. Financing bitcoin purchases by issuing stock may dilute existing shareholders’ equity, and a decline in the bitcoin price could also bring risks.