Strive Acquires 638 Bitcoin Using Preferred Stock Proceeds

Key Facts

1Strive reportedly purchased 638 Bitcoin this week using proceeds from its preferred stock issuance.

Strive purchased 638 Bitcoin this week using proceeds from its preferred stock issuance. Crypto Briefing reported that the acquisition is part of the company's financial strategy to leverage its balance sheet and expand its digital asset holdings through preferred equity instruments.

ASST closed at $28.23 on October 8, 2026, after reaching a session high of $28.36 and a low of $27.33. This activity indicates continued robust financial commitment to Bitcoin acquisitions under the leadership of CEO Matt Cole, following previous patterns of significant cryptocurrency investment by the firm.