Strive Expands Bitcoin Holdings With 2,000 BTC Purchase

Key Summary

Strive (NASDAQ: $ASST) acquired 2,000 bitcoin for approximately $169 million between September 28 and October 2, increasing its holdings to 29,462 BTC. The purchase, averaging $84,422 per coin, was funded by SATA preferred stock and warrant exercises. This addition builds on a strong third quarter, during which Strive acquired 8,137 bitcoin at $78,885 per coin, generating an 18.5% bitcoin yield. The company now holds 290% more bitcoin than year-end and is nearing fourth-largest corporate treasury status, surpassing Bullish (NYSE: $BLSH). ASST shares rose 0.79% to $34.47 in early trading, following a 140% rally over the third quarter.