EL7.AI
StocksMediumUpdated×2•Originally published 14 October 2026•Updated 14 October 2026•
1 min read

Strive Inc. Acquires $280 Million in Bitcoin in Largest Purchase Since January

Key Facts

1Strive announced the purchase of 3,311 BTC for approximately $280 million.
2This acquisition marks Strive's largest purchase since January.

Strive announced the purchase of 3,311 BTC for approximately $280 million as part of its corporate treasury strategy. According to 247wallst.com, this acquisition marks the company's largest Bitcoin purchase since January, as it continues to utilize the cryptocurrency as a primary reserve asset.

ASST closed at $27.59 on October 13, 2026, the same day the transaction was disclosed. The move brings Strive's total holdings to 32,773 BTC, with much of the purchasing power sourced from $208 million in exercised warrants that provided the necessary capital for the expansion.

Latest Updates · 2

  1. Major·

    Update: Strive announced on October 14, 2026, the acquisition of an additional 2,822 BTC for $235 million. This follow-on purchase was supported by the company securing $369.2 million in total gross proceeds from the exercise of warrants, further strengthening its cash position for digital asset expansion.

  2. Major·

    Update: Strive acquired an additional 2,822 Bitcoin on October 14, 2026. This purchase moves the company ahead of MARA in corporate treasury rankings based on total Bitcoin holdings.