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Strive buys 6,182 Bitcoin for $511.4 million, lifting holdings to 43,000 BTC

Strive purchased 6,182 Bitcoin for approximately $511.4 million, bringing its total treasury to 43,000 BTC while launching a $1 billion preferred stock offering program.

Graphic announcement showing Strive's acquisition of 6,182 BTC, bringing total holdings to 43,000 BTC valued at over $3.49 billion.
Image: @solidintel_x

Asset manager Strive acquired 6,182 Bitcoin for approximately $511.4 million, lifting its total reserves to 43,000 BTC. According to regulatory filings reported by Wu Blockchain, the company completed the purchases between October 17 and October 23 at an average price of about $82,732 per coin. The transaction marks the company's largest single purchase since it began accumulating the cryptocurrency.[3][2][4][1]

To support its balance sheet strategy, Strive entered into an at-the-market program to issue and sell up to $1 billion of its SATS perpetual preferred stock. Net proceeds may be deployed toward further Bitcoin accumulation, working capital, income-generating investments, and share repurchases. Strive's cash and marketable securities also increased by $187.7 million to $554.6 million, according to Crypto Banter.[3][2][5]

The transaction represented Strive's fourth consecutive week of accelerating Bitcoin acquisitions, CoinDesk reported. The purchase moves the company within 1,000 BTC of Metaplanet, according to The Block, while company disclosures valued Strive's complete 43,000 BTC treasury at $3,496,373,000 based on a price of $81,311 as of October 23.[5][6][7][11]

Key facts

  • Strive bought 6,182 Bitcoin between October 17 and October 23 for roughly $511.4 million.
  • The purchase increased Strive's total Bitcoin holdings to 43,000 BTC in its largest acquisition to date.
  • The average purchase price was approximately $82,732 per Bitcoin.
  • Strive launched an at-the-market program to issue up to $1 billion of SATS perpetual preferred stock.
  • The purchase brought Strive within 1,000 BTC of Metaplanet, according to The Block.
  • Strive's cash and marketable securities rose by $187.7 million to $554.6 million, according to Crypto Banter.
  • Strive's total 43,000 BTC treasury was valued at $3,496,373,000 as of 4:00 p.m. EST on October 23, 2026.

Sources 路 11 sources

  1. SO

    SolanaFloor@SolanaFloorPost on X 路

    NEWS: Strive Buys $511M in Bitcoin as Strategy Halts Purchases @Strive acquired 6,182 $BTC at an average price of $82,732, bringing its total holdings to 43,000 BTC. https://t.co/LawqwxAsdt

    Open source
  2. CB

    Crypto Banter@crypto_banterPost on X 路

    馃毃STRIVE STACKS ANOTHER 6,182 BITCOIN! Strive bought 6,182 bitcoin for ~$511.4M at an average of $82,732, last week, pushing total holdings to 43,000 bitcoin:native. Cash and marketable securities jumped $187.7M to $554.6M, and they set up a new up to $1B ATM for SATS preferred. Saylor sat this one out. Strive didn鈥檛.

    Open source
  3. WB

    Wu Blockchain@WuBlockchainPost on X 路

    Strive Adds 6,182 BTC as Holdings Reach 43,000, Opens $1B SATS ATM According to SEC filings, Strive purchased 6,182 BTC between October 17 and 23 at an average price of about $82,732, bringing total holdings to 43,000 BTC. The company also entered into an at-the-market program to sell up to $1 billion of its SATS perpetual preferred stock, with proceeds potentially used for additional Bitcoin purchases, working capital, income-generating investments and share repurchases.

    Open source
  4. CB

    Crypto Briefing@Crypto_BriefingPost on X 路

    馃煚 NEW: Strive bought 6,182 Bitcoin, lifting holdings to 43,000 $BTC in its largest purchase since adopting the digital asset. https://t.co/4hhJ1gMrOH

    Open source
  5. CO

    CoinDesk@CoinDeskPost on X 路

    JUST IN: @Strive bought 6,182 $BTC for $511M last week, its fourth consecutive week of accelerating purchases bringing total holdings to 43,000 $BTC as it launches a $1B preferred stock ATM program to fund further accumulation. https://t.co/J4gulfRlH7

    Open source
  6. TB

    The BlockArticle 路

    Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase Strive's latest bitcoin purchase puts it within 1,000 BTC of second-place Metaplanet as it unveils a new $1 billion preferred stock offering program.

    Open source
  7. SI

    Solid Intel 馃摗@solidintel_xPost on X 路

    INTEL: Strive reports buying 6,182 Bitcoin for $511.4 million, bringing its holdings to 43,000 $BTC https://t.co/RAVjTyjf3G

    Open source
  8. LO

    Lookonchain@lookonchainPost on X 路

    Strategy didn't buy any $BTC last week, while #Strive bought 6,182 $BTC ($511.4M) at an average price of $82,732. https://t.co/pF2ArGYtaf

    Open source
  9. CO

    Cointelegraph@CointelegraphPost on X 路

    馃敟 JUST IN: Strive acquires 6,182 $BTC, bringing its total holdings to 43,000 Bitcoin. https://t.co/zuj7aPfkOj

    Open source
  10. CB

    Crypto BriefingArticle 路

    Strive lifts Bitcoin holdings to 43,000 BTC after largest-ever purchase Strive's increased Bitcoin holdings highlight growing corporate interest in cryptocurrency as a strategic asset, influencing market dynamics. The post Strive lifts Bitcoin holdings to 43,000 BTC after largest-ever purchase appeared first on Crypto Briefing .

    Open source
  11. BM

    Bitcoin Magazine@BitcoinMagazinePost on X 路

    JUST IN: 馃嚭馃嚫 Public company Strive purchases 6,182 Bitcoin for $511.4 million! 馃く https://t.co/5KImRceLzA

    Open source