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Strive Buys 1,355 More Bitcoin, Raising Holdings to 26,355 BTC

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Summary

  • Strive said it bought an additional 1,355 Bitcoin, raising its total holdings to 26,355 BTC.
  • The company said it spent $107.7 million on the purchase, with an average purchase price of $79,475 per Bitcoin.
  • Strive also said it raised an additional $21.2 million through warrant exercises, and that 57.7% of its total financing has come through perpetual preferred stock SATA.

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Photo: Screenshot from Matt Cole's X account
Photo: Screenshot from Matt Cole's X account

Strive, a corporate Bitcoin holder, has purchased an additional 1,355 Bitcoin.

Matt Cole, Strive's chief executive officer, wrote on X on September 21 that the company spent $107.7 million on the purchase. The average purchase price was $79,475 per Bitcoin. The latest buy lifted Strive's total holdings to 26,355 BTC.

Strive also raised an additional $21.2 million as warrant exercises began last week. Including that amount, 57.7% of the company's total financing has come through perpetual preferred stock SATA.

minriver@bloomingbit.ioHello, I'm a reporter at bloomingbit

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