TLDR
- Strive purchased 1,800 BTC for about $143 million at an average price of $79,431 per Bitcoin.
- The latest acquisition increased Strive’s total Bitcoin holdings to 23,156 BTC, worth roughly $1.8 billion.
- Strive moved into fifth place among publicly traded corporate Bitcoin holders, overtaking Bullish.
- The company also bought 1,110 BTC in the previous week, showing a faster pace of Bitcoin accumulation.
- Strive has funded much of its Bitcoin strategy through common and preferred stock sales.
Strive has increased its Bitcoin holdings after buying another 1,800 BTC for about $143 million. CEO Matt Cole said the company paid an average price of $79,431 per Bitcoin. The purchase lifted Strive’s total holdings to 23,156 BTC.
At a Bitcoin price near $78,000, the company’s holdings are worth about $1.8 billion. The latest purchase also moved Strive into fifth place among publicly traded corporate Bitcoin holders, ahead of Bullish.
Strive Accelerates Bitcoin Purchases
The company has increased its buying pace in recent weeks. Strive added 1,110 BTC during the August 17 to August 21 period for about $81.5 million. Before the latest purchase, it held 21,356 BTC.
Strive acquired an additional 1,800 BTC for $143M at an average cost of $79,431 per bitcoin, bringing total holdings to ₿23,156.$ASST $SATA pic.twitter.com/6ztKhC4PFF
— Matt Cole (@ColeMacro) August 31, 2026
Cole also shared a chart showing the company’s Bitcoin purchases over the past year. The data showed more frequent acquisitions since March 2026. Strive has continued using capital raised through common and preferred stock sales to support its Bitcoin strategy.
Strive’s latest purchase came as other major companies announced new crypto acquisitions. Strive bought 4,603 BTC for about $370 million after pausing Bitcoin purchases for roughly two months. Its total holdings reached 845,050 BTC.
Bitmine also reported buying 53,501 ETH, taking its Ethereum holdings above 5.9 million ETH. Meanwhile, Bullish remained below Strive after reducing its Bitcoin position earlier this year. MARA Holdings still ranks ahead of Strive with 35,577 BTC.
How Strive Funds Its Bitcoin Strategy
Strive has relied on equity issuance to finance Bitcoin purchases. The company sells common shares under the ASST ticker and preferred shares under SATA. SATA carries a variable dividend and trades around a $100 par value.
Strive reported $171.9 million in cash after raising $17.1 million through at-the-market stock sales during the August 17 to 21 period. The company entered the corporate Bitcoin market through its 2025 merger with Asset Entities and later acquired Semler Scientific.
Semler Scientific’s medical device business, acquired through the deal, also reported quarterly revenue of $2.94 million. That figure was close to double the level reported a year earlier during the quarter.
The company reported a $257.6 million net loss for the quarter ended June 30. It linked most of the loss to Bitcoin price weakness and its investment in Strategy preferred shares. Cole has said Strive remains debt-free, has no margin requirements, and holds its Bitcoin without liens.