Strive Buys 6,182 Bitcoin, Raising Holdings to 43,000
Key Facts
Strive bought 6,182 bitcoin between October 17 and 23 at an average price of about $82,732 per coin, including fees and expenses, raising its holdings to 43,000 bitcoin as of October 23, according to figures cited by Benzinga from the company’s weekly disclosure. Its balance was 36,818 bitcoin on October 16, meaning the weekly increase matched the reported purchase amount. The company said it bought the amount “at an average price of approximately $82,732 per bitcoin, inclusive of fees and expenses.” The disclosure recorded purchases from October 17 to 23, while the ending balance reflects its holdings on October 23. The increase follows the 36,818 bitcoin balance reported in Strive’s previous disclosure.
The company’s cash and cash equivalents rose from $317.5 million on October 16 to $504.4 million on October 23, an increase of $186.9 million, according to figures presented in thousands of dollars. Cash therefore increased alongside bitcoin holdings over the same weekly period. The data also show that cash at the end of the period exceeded its level at the start, in addition to the 6,182 bitcoin added to holdings. Separately, the fair value of Strive’s STRC preferred shares, issued by Strategy, rose from $49.349 million to $50.177 million. The number of those shares remained at 505,000 on both measurement dates, October 16 and 23.
The disclosure showed Strive’s actual common shares outstanding rising from 124,064,126 shares on October 16 to 127,328,346 shares on October 23. This measure includes shares outstanding and shares sold through 4:00 p.m. Eastern Time that were scheduled to be issued on the next business day. The ending count therefore includes shares sold but not yet issued at the time of measurement. The increase in shares coincided with gains in reported bitcoin holdings and cash, but the figures provided do not break down the source of funding for bitcoin purchases. The share count, purchases and cash therefore remain separate line items in the company’s weekly presentation.
The October purchases were associated with the SATA preferred stock offering, which closed on October 20. Strive had announced on October 15 that it priced an offering of 7,000,000 shares at $90 per share, with estimated gross proceeds of about $630 million before discounts and expenses. The company said bitcoin and bitcoin-related products were among the potential uses of the proceeds. The stated uses, however, do not specify how much was actually directed to the weekly purchase of 6,182 bitcoin. The offering disclosure provides for cumulative annual dividends of 15.00% on a $100 par value per share, subject to declaration by the board of directors. The regular dividend dates begin on November 9, 2026.
Strive’s earlier results show the expansion of its holdings over the year: the company said it bought 6,236 bitcoin in the second quarter of 2026 and 12,237 bitcoin in the first half. It reported a bitcoin yield of 23.9% in the second quarter and 37.7% for the first half of the year. In its second-quarter results disclosure, the company said it had no short-term or long-term debt as of August 7, 2026. These figures provide context on holdings accumulation and the performance of what the company described as bitcoin yield, while the latest purchases and their average price are specific to October 17 through 23. The SATA offering closed after its pricing announcement, meaning the week’s purchases coincided with an offering whose disclosed terms took effect after closing.
MARA’s published holdings provide a comparison from a different date: the company said it held 35,577 bitcoin on June 30, 2026. That holding included 9,270 bitcoin loaned or pledged as collateral, or about 26% of the total. MARA’s figure is from the end of June, while Strive’s 43,000 bitcoin balance is as of October 23. These figures alone therefore do not allow for a contemporaneous ranking of the two companies in October, and MARA’s disclosure shows that part of its holdings was loaned or pledged as collateral on the measurement date. Any comparison of balances remains tied to the date of each disclosure and the terms of the holdings it describes.
In trading, Strive’s ASST shares closed at $25.54 on October 19 and $28.97 on October 23, according to EL7’s daily closing data. Over the same period, bitcoin’s closing price fell from $81,938.40 to $81,189.43. These prices compare the closes on October 19 and 23, while Strive’s average purchase price covers October 17 through 23. The data thus show different moves in the stock and bitcoin between the specified closing dates, alongside the company’s purchases during the week. The next date specified in SATA’s terms is the start of regular dividend dates on November 9, 2026, subject to declaration by the board of directors.