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Strive Increases Bitcoin Holdings to 25,000 BTC After Latest Purchase
Nasdaq-listed Strive now holds 25,000 BTC worth nearly $2 billion after buying 469 bitcoin at ~$77,954 each.
14/09/2026 16:426 min read
Following its most recent acquisition, Strive has increased its bitcoin holdings to 25,000 coins, valued at nearly $2 billion.
On Monday, Strive announced the purchase of 469 bitcoins at an average cost of roughly $77,954 apiece. The firm remains the fifth-largest publicly traded bitcoin holder, as per Bitcoin Treasuries, trailing Strategy, Twenty One, Metaplanet and MARA.
According to a post on X on Monday, CEO Matt Cole stated that all capital raised that week came from sales of SATA, the company's perpetual preferred stock.
Shares of the Dallas-based firm (ASST) rose over 6% after the announcement.
The first billion’s the hardest.
— Matt Cole (@ColeMacro) September 13, 2026
The company began operating as a bitcoin treasury last year. It was established by Vivek Ramaswamy, a former Ohio gubernatorial candidate and tech entrepreneur.
In January 2026, Strive finalized the all-stock purchase of Semler Scientific, marking the first time a publicly traded bitcoin treasury firm bought another company of its kind.
Similar to other digital asset treasuries, Strive aims to offer investors amplified returns on its stock. The firm acquires bitcoin using equity and keeps a debt-free balance sheet, avoiding bonds, credit lines, or leveraged positions that could force liquidations in a market decline.
Strive sets itself apart from other large bitcoin treasuries by carrying no debt.
Some of the largest bitcoin treasuries, such as the biggest holder Strategy, have employed leverage to purchase the cryptocurrency.
CEO Matt Cole has characterized Strive as debt-free, with no margin requirements and no encumbered bitcoin.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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