CEO Matt Cole announced minutes ago that his company has spent another $94.5 million to scoop up 1,107 BTC at an average price of $85,400. Its total holdings have jumped to 27,462 units.
Data from tracking websites such as Newhedge show that the average acquisition price of Strive’s entire stash stands at around $80,862. Given the cryptocurrency’s current price of $83,300, this means that the bitcoin fortune is valued at around $2.3 billion as of now, and the position is slightly in the green.
Strive acquired 1,107 $BTC for $94.5M at an average cost of $85,396 per bitcoin, bringing total holdings to ₿27,462.
Warrant exercises generated another $12.4M. Including those proceeds, 85% of total capital raised came from SATA.$ASST $SATA pic.twitter.com/duihTtFKrm
— Matt Cole (@ColeMacro) September 28, 2026
Strive continues with its consecutive weekly BTC purchases, as we were able to track at least nine in a row. The firm has announced new acquisitions even during weeks in which Strategy has stood on the sidelines or was selling.
The firm has been stacking portions of the leading cryptocurrency via its own Variable Rate Series A Perpetual Preferred Stock called SATA. It’s a publicly traded preferred equity investment designed as a digital credit product that raises capital to buy BTC while paying investors a high, relatively stable yield.
The post Strive Loads Up on Another 1,100 Bitcoin as Total Holdings Approach 27,500 appeared first on CryptoPotato.
The company has been announcing new BTC purchases for months now. AA News, Crypto News, social, Bitcoin, Strive
This articles is written by : Nermeen Nabil Khear Abdelmalak
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