#StriveBuys2000BTCFor$169M
🚀 Strive Spends $169M to Bag 2,000 $BTC — Total Treasury Reaches 29,462 BTC!
Strive Asset Management is stepping up its corporate treasury strategy with another major Bitcoin acquisition.
CEO Matt Cole announced that the company acquired 2,000 BTC between late September and early October for $169 million, averaging $84,422 per coin.
📊 Key Breakdown of the Buy:
* Total Stashed: 29,462 BTC
* Average Price Paid (Latest Batch): $84,422 / BTC
* Funding Mix: 61.5% from SATA preferred stock financing, with $56.7M raised via warrant exercises.
* Q3 Accumulation Pace: Strive scooped up 8,137 BTC in Q3 2026 alone at an average price of $78,885.
💡 Why It Matters:
* Outpacing Competitors: Strive’s 2,000 BTC buy was nearly 6x larger than Strategy’s latest weekly addition of 334 BTC.
* Closing the Distance: Strive currently ranks as the 5th largest public corporate holder of Bitcoin, steadily closing the gap on MARA (35,577 BTC).
* Institutional Conviction: The continued execution of capital raises through preferred stock to fund Bitcoin reserves highlights sustained corporate demand, even during market consolidation phases.
💬 What's your take? Will Strive make it into the top 2 public corporate BTC holders before the end of 2026? Drop your predictions below! 👇
#Bitcoin #BTC #CryptoNews #BinanceSquare #Strive
🚀 Strive Spends $169M to Bag 2,000 $BTC — Total Treasury Reaches 29,462 BTC!
Strive Asset Management is stepping up its corporate treasury strategy with another major Bitcoin acquisition.
CEO Matt Cole announced that the company acquired 2,000 BTC between late September and early October for $169 million, averaging $84,422 per coin.
📊 Key Breakdown of the Buy:
* Total Stashed: 29,462 BTC
* Average Price Paid (Latest Batch): $84,422 / BTC
* Funding Mix: 61.5% from SATA preferred stock financing, with $56.7M raised via warrant exercises.
* Q3 Accumulation Pace: Strive scooped up 8,137 BTC in Q3 2026 alone at an average price of $78,885.
💡 Why It Matters:
* Outpacing Competitors: Strive’s 2,000 BTC buy was nearly 6x larger than Strategy’s latest weekly addition of 334 BTC.
* Closing the Distance: Strive currently ranks as the 5th largest public corporate holder of Bitcoin, steadily closing the gap on MARA (35,577 BTC).
* Institutional Conviction: The continued execution of capital raises through preferred stock to fund Bitcoin reserves highlights sustained corporate demand, even during market consolidation phases.
💬 What's your take? Will Strive make it into the top 2 public corporate BTC holders before the end of 2026? Drop your predictions below! 👇
#Bitcoin #BTC #CryptoNews #BinanceSquare #Strive
