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Oct 26, 2026

Strive acquires 6,182 BTC for $511 million, total holdings reach 43,000 BTC

Vivek Ramaswamy's Strive purchased 6,182 bitcoin for $511.4 million between October 17-23 at an average price of $82,732 per coin. The company now holds 43,000 BTC and filed for a $1 billion preferred stock offering program.

Oct 26, 2026·4 sources
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Top claims

  • ▪Strive carries ongoing dividend liabilities on preferred stock issues like SATS, which pays a 15% dividend on a $100 stated amount regardless of Bitcoin price movements
  • ▪Between September 28, 2026 and October 23, 2026, Strive acquired a total of 15,538 Bitcoin across multiple weekly purchases
  • ▪Strive closed an initial public offering of 7 million SATS 15% Perpetual Series A Preferred shares, raising $630 million in gross proceeds

Topics

Institutional crypto adoptionBitcoin treasury companiesBitcoinCrypto investments

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