Strive’s Bitcoin Treasury Reaches 43,000 BTC as It Files a $1 Billion SATS ATM

Strive bought 6,182 bitcoin between Oct. 17 and Oct. 23 at an average price of about $82,732 each, including fees, lifting its holdings to 43,000 BTC , the Nasdaq-listed company disclosed in a filing on Oct. 26. CEO Matt Cole put the cost of the week’s buying at $511.4 million in a post on X . On the same day, Strive filed a prospectus supplement for an at-the-market program that lets it sell up to $1 billion of its 15.00% Series A Perpetual SATS Preferred Stock over time. A week earlier, Strive held 36,818 BTC , and its 7 million-share SATS IPO had not yet closed. It closed on Oct. 20. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Unchained.