Strive buys 3,311 bitcoin for $280 million, lifting holdings to 32,773 BTC
Strive purchased 3,311 bitcoin between Oct. 5 and Oct. 9, 2026, boosting its total holdings to 32,773 BTC amid $208 million in exercised warrants.
Bitcoin treasury company Strive acquired 3,311 BTC between Oct. 5 and Oct. 9, 2026, expanding its balance sheet to 32,773 BTC, according to an SEC filing. The company bought the tokens at an average price of approximately $84,500 per coin, including fees and expenses, amounting to roughly $280 million. Some social media outlets and reports, including Bitcoin Magazine, initially valued the purchase at $275 million. The transaction marks Strive's largest bitcoin purchase since January and narrows the gap between its corporate reserves and those of MARA.[2][3][4][5][6][8][9]
Based on a bitcoin price of $82,300 as of 4 p.m. EST on Oct. 9, 2026, Strive's total holdings were valued at approximately $2.697 billion. Over that same week, the company's cash and cash equivalents grew to $310.3 million. CEO Matt Cole stated that warrant holders had exercised $208 million in traditional warrants ahead of their Oct. 13 expiry deadline, leaving warrants covering roughly 15.3 million underlying shares outstanding.[1][2][3][8][9]
Strive also amended terms for its SATA perpetual preferred stock with the Nevada Secretary of State, formalizing a binding restriction that bars new SATA share sales below $100 each before fees and discounts. The amendment also adjusted the definition of a business day to allow potential weekend dividends if clearinghouses permit, while the board kept SATA's annual dividend rate at 13.00% entering November.[2][3]
Key facts
- Strive acquired 3,311 BTC between Oct. 5 and Oct. 9, 2026, bringing its total treasury to 32,773 BTC.
- The bitcoin was purchased at an average price of about $84,500 per coin including fees, totaling roughly $280 million, though some reports placed the value at $275 million.
- Strive's total bitcoin holdings were valued at roughly $2.697 billion based on an Oct. 9, 2026 price of $82,300 per BTC.
- Warrant holders exercised $208 million in traditional warrants ahead of their Oct. 13 expiry, leaving 15,255,900 underlying shares outstanding.
- Strive's cash and cash equivalents grew to approximately $310.3 million as of Oct. 9, 2026.
- A corporate charter amendment established a binding $100 floor price for issuing SATA perpetual preferred stock.
- The 3,311 BTC purchase represented Strive's largest acquisition since January, narrowing the holdings gap with MARA.
Sources · 9 sources
- LS
Laura Shin@laurashinPost on X ·
Strive bought 3,311 BTC from Oct. 5 to Oct. 9 and now holds 32,773 BTC. CEO Matt Cole says $208 million in warrants were exercised, with warrants covering about 15.3 million shares still outstanding ahead of today's 5 p.m. ET expiry. https://t.co/o9kqNIfBKm
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Strive Acquires 3,311 BTC, Bringing Total Holdings to 32,773 BTC Bitcoin treasury company Strive (NASDAQ: ASST) reported purchasing an additional 3,311 BTC last week, bringing its total holdings to 32,773 BTC, valued at approximately $2.697 billion based on a BTC price of $82,300 on October 9. The company also disclosed that approximately $208 million in warrants had been exercised, with $15.3 million remaining set to expire on October 13 at 5:00 PM ET. Additionally, Strive formalized SATA perpetual preferred stock's $100 minimum issuance price as a binding restriction in its governing documents.
Open source - UN
UnchainedArticle ·
Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry Holders of Strive ‘s traditional warrants have exercised $208 million worth ahead of their 5 p.m. ET expiry on Tuesday, CEO Matt Cole wrote on X , adding that roughly 15.3 million remained. That figure matches the count of shares underlying the outstanding warrants in a company filing, not the number of warrants themselves. The Nasdaq-listed bitcoin treasury company also disclosed that it bought 3,311 BTC between Oct. 5 and Oct. 9 at an average of about $84,500 a coin, fees included. That took its stack from 29,462 BTC on Oct. 2 to 32,773 BTC a week later. Cash and cash equivalents rose to about $310.3 million over the same stretch. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . The Warrant Deadline The Oct. 13 filing shows the number of shares underlying Strive’s traditional warrants falling by 7,993,806 in the week to Oct. 9, to 15,255,900 . Exercising a warrant requires the holder to pay the exercise price to Strive. Class A shares outstanding grew by about 9.46 million during that week, a count that also includes shares sold through 4 p.m. and issued the next business day. Neither the filing nor Cole’s post says over what period the $208 million in exercises came in, and no final tally had been published as of writing. “$208M in warrants exercised; ~15.3M remain, expiring today at 5pm ET,” Cole posted. On Sept. 2, Cole said on a podcast that more than $700 million of warrants were set to expire in mid-October and that the proceeds could go toward more bitcoin if holders exercised them. Strive had reported 23,156 BTC as of Aug. 28. A Harder Floor for SATA In a second filing , Strive said it amended the terms of its Variable Rate Series A Perpetual Preferred Stock (SATA) with the Nevada Secretary of State so the company cannot sell new SATA shares below $100 each, before discounts and fees. The change is meant to “formalize the Company’s previously announced policy of not issuing SATA below $100.00” by making it binding under the stock’s governing documents. Cole called the floor “a binding restriction in governing docs, formalizing the protection.” The same amendment redefined a business day to include weekends, so SATA could pay daily dividends on Saturdays and Sundays if the New York Fed, Nasdaq and the Depository Trust Company allow it. Strive said it does not expect its near-term dividend cadence to change. The board held SATA’s annual dividend rate at 13.00% for periods starting Nov. 1 and declared a daily cash dividend of $0.0571 a share for each of November’s 19 business days. SATA shares outstanding rose by 532,094 to 14,030,176 in the week to Oct. 9. Related Listen: Why Matt Cole Believes Last Week’s STRC Crash Was a Leverage Liquidation The post Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry appeared first on Unchained .
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X ·
BREAKING: 🇺🇸 Public company Strive purchases 3,311 Bitcoin worth $275 million! 👀 This brings their total to 32,773 BTC 🚀 https://t.co/oNguyCU24N
Open source - TB
The BlockArticle ·
Strive buys 3,311 bitcoin for $280 million in largest acquisition since January Strive added 3,311 BTC between Oct. 5 and Oct. 9, bringing holdings to 32,773 BTC and narrowing the gap with MARA.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Strive $ASST acquired 3,311 bitcoin:native for approximately $280 million last week, bringing its total holdings to 32,773 BTC. The company purchased the bitcoin at an average price of $84,500 per coin, according to an SEC filing. https://t.co/zqQzHoLaxN
Open source - WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: 🇺🇸 Vivek Ramaswamy's 'Strive' buys 3,311 Bitcoin worth $275 million. https://t.co/O8v5cLM1eX
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🔥 NEW: Strive bought 3,311 BTC last week, bringing its total holdings to 32,773 Bitcoin. https://t.co/2nP5rpv1QD
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Strive acquired 3311 bitcoin:native last week Bringing its total Bitcoin holdings to 32,773 BTC worth $2.7 billion https://t.co/Y1ZfhmU4Cr
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