From Decrypt · By Jose Antonio Lanz
In brief
Strive bought 124 BTC for about $10 million between Oct. 24 and Oct. 30 at an average of $80,526 each, bringing its total to 43,124 BTC.
The purchase leaves Strive fourth among public companies, 390 BTC behind Twenty One Capital and 876 BTC behind Metaplanet, per Bitcoin Treasuries.
Most of the buy came from existing cash, and Strive tapped its new SATS preferred stock program for the first time.
Strive, the Dallas-based company co-founded by Vivek Ramaswamy, now holds 43,124 Bitcoin after buying 124 BTC more last week. That stash is now worth roughly $3.3 billion, and good for about 0.2% of the 21 million coins that will ever exist.
That leaves it fourth among publicly traded companies, 390 coins behind Twenty One Capital (which holds 43,514 BTC) and 876 BTC behind Metaplanet (which holds 44,000 BTC), according to Bitcoin Treasuries data.
At Bitcoin’s price of about $77,000, those gaps are worth roughly $30 million and $67 million, respectively.
PredictEconomyWill Strategy hold over 1M BTC before 2027?
3%97%YesNo$72.3K volumeCloses: Jan 1, 2027, 04:59 UTCCloses: Jan 1, 2027, 04:59 UTCStrive is a Bitcoin treasury company—a publicly listed firm that keeps Bitcoin on its balance sheet, so anyone with a brokerage account can get exposure by buying its stock. Michael Saylor’s Strategy popularized the playbook back in 2020, and several other companies followed suit, including Strive.
Its coins cost an average of $87,785 each, or $3.8 billion in total, against a market value of $3.5 billion on Oct. 23, per its prospectus. Bitcoin has slipped since, so the pile is now worth a bit less than Strive paid for it.
The latest purchase covers Oct. 24 through Oct. 30 and was disclosed today in an SEC filing, the report US-listed companies must submit when something material happens. Strive paid about $10 million, an average of $80,526 per Bitcoin including fees, CEO Matt Cole said on X.
Strive acquired 124 $BTC for $10M at an average cost of $80,526 per bitcoin, bringing total holdings to ₿43,124.⁰⁰- Existing cash funded most purchases⁰- SATS ATM used for first time, representing 100% of weekly ATM proceeds⁰- Amplification Ratio: 62.7%⁰⁰$ASST $SATA $SATS pic.twitter.com/rFrS6y4AVc
— Matt Cole (@ColeMacro) November 2, 2026
Most of the money came from existing cash, which fell from $504.4 million to $490.4 million over the week. Strive also raised money for the first time by selling shares of a new security called SATS on the open market, Cole said, and that made up all of the week’s fundraising. It still holds 505,000 shares of Strategy’s preferred stock, known as STRC, worth about $50 million.
SATS is a preferred stock—a type of share that pays a fixed dividend before common shareholders see anything. Strive sold 7 million of them at $90 each in an October offering that raised about $630 million, and they carry a 15% annual dividend on a $100 stated value, paid every business day from Nov. 9.