Strive Buys $511M In Bitcoin Boosting Treasury Holdings To 43,000 BTC

TL;DR Strive acquired 6,182 BTC for $511 million, bringing its total holdings to 43,000 BTC. The company ranks fourth among corporate Bitcoin treasury holders. The firm is closing in on Twenty One, which holds 43,514 BTC, and Metaplanet, with 44,000 BTC. Its goal is to finish 2026 as the second-largest corporate Bitcoin holder. Strive established a program to sell up to $1 billion in SATS preferred stock. The proceeds may be used to purchase additional Bitcoin. Strive purchased 6,182 BTC for approximately $511 million between October 17 and 23, bringing its total holdings to 43,000 BTC , according to a filing with the U.S. Securities and Exchange Commission (SEC). The company currently ranks fourth among publicly traded companies with the largest Bitcoin reserves.

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