Strive Expands Bitcoin Reserves with Purchase of 3,311 BTC
Key Facts
Strive has increased its total Bitcoin holdings to 32,773 BTC following its latest acquisition of 3,311 coins. CryptoPotato reported that the company spent approximately $280 million on the purchase, executing the trade at an average price of $84,500 per Bitcoin.
ASST closed at $27.71 on October 12, 2026, with the stock trading between a session low of $27.04 and a high of $28. This acquisition further solidifies the firm's corporate strategy to utilize Bitcoin as a primary treasury reserve asset following a recent capital raise.
Latest Updates · 6
- Major·
Update: Strive announced on October 13, 2026, a plan to raise an additional $500 million specifically for further Bitcoin purchases. The company intends to secure this capital by issuing a new class of preferred shares offering a fixed 15% dividend yield.
- Notable·
Update: Strive has announced plans for an IPO of 15% preferred stock, intended to raise capital for further Bitcoin acquisitions.
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Update: A recent filing by the company revealed that warrant shares fell by nearly 8 million. This adjustment to the capital structure coincides with the latest expansion of Bitcoin holdings announced by Strive on October 13, 2026.
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Update: The latest acquisition was valued at $280 million. This purchase brings Strive's total Bitcoin holdings to 32,773 BTC as of October 13, 2026.
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Update: The company's CEO announced that warrant exercises reached $208 million prior to the deadline. Additionally, Strive has established a binding charter rule setting a $100 minimum sale price for SATA preferred shares.
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Update: Strive's CEO announced on October 13, 2026, that approximately $208 million in warrants have been exercised. This transaction brings the company's total Bitcoin holdings to 32,773 BTC, further expanding its digital asset reserves.