이미지 불러오는 중Strive lifts Bitcoin holdings to 43,000 BTC after largest-ever purchase

Strive official logo (strive.com)

Strive's strategic acquisitions highlight aggressive crypto investment tactics amid volatile market conditions.

Mon 26 Oct 2026 · 08:22 EDT · 2 min read

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Strive added 6,182 Bitcoin to its treasury during the week ended Oct. 23, paying an average of $82,732 per coin, according to a Monday filing.

Strive acquired 6,182 $BTC for $511.4M at an average cost of $82,732 per bitcoin, bringing total holdings to ₿43,000. – Cash and marketable securities increased by $187.7M to $554.6M. – Established a $1B $SATS ATM program.$ASST $SATA $SATS pic.twitter.com/pKtqVmFobL — Matt Cole (@ColeMacro) October 26, 2026

The company’s cash and cash equivalents rose from $317.5 million to $504.4 million over the same period, it said.

Strive’s latest Bitcoin acquisition is its biggest since the company began holding the crypto asset on its balance sheet. The purchase brings its total to 43,000 BTC, narrowing the gap with Twenty One Capital’s 43,514 BTC and leaving it roughly 1,000 BTC below Metaplanet’s holdings.

Strive sets up $1 billion SATS preferred stock ATM offering

Strive also announced plans to raise up to $1 billion through an at-the-market offering of its 15% Series A Perpetual SATS Preferred Stock, which began trading on Nasdaq under the ticker SATS on Oct. 20.

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Under the sales agreement, the company may issue and sell SATS shares with an aggregate offering price of up to $1 billion. Strive said the net proceeds could support its Bitcoin treasury strategy, including purchases of Bitcoin and related products, as well as working capital, income-generating investments and capital expenditures.

The proceeds may also be used for share repurchases, acquisitions, preferred-stock dividend payments and future debt repayment.

Potential repurchases include Strive’s Class A common stock and SATA preferred stock, while acquisitions could involve businesses, assets or technologies that complement its existing operations.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.