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

Strive, Inc. acquired 6,182 Bitcoin for $511.4 million between October 17 and October 23, 2026, at an average price of $82,732 per coin. The purchase lifts Strive's total balance sheet holdings to 43,000 BTC, placing it fourth among public corporate holders behind Strategy, Metaplanet, and Twenty One Capital. CEO Matt Cole aims to end 2026 in second place, supported by a newly established $1 billion at-the-market program for its 15% Perpetual Series A Preferred Stock (SATS).

Recent Bitcoin acquisitions and total holdings

• ▪Strive acquired 6,182 Bitcoin for $511.4 million between October 17, 2026 and October 23, 2026 at an average price of $82,732 per Bitcoin, bringing total balance sheet holdings to 43,000 Bitcoin
• ▪Between September 28, 2026 and October 23, 2026, Strive acquired a total of 15,538 Bitcoin across multiple weekly purchases
• ▪Strive's Bitcoin holdings have grown more than fourfold since the start of 2026

Corporate ranking and future Bitcoin target

• ▪Strive CEO Matt Cole stated that the company aims to end 2026 as the second-largest publicly traded holder of Bitcoin
• ▪Strive is the fourth-largest publicly traded corporate holder of Bitcoin, trailing Strategy with 848,517 BTC, Metaplanet with 44,000 BTC, and Twenty One Capital with 43,514 BTC

Preferred stock offering and financing program

• ▪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
• ▪Strive established an at-the-market program allowing the company to sell up to $1 billion of SATS preferred stock over time to fund Bitcoin purchases, working capital, or acquisitions
• ▪Strive set aside a $157.5 million dividend reserve to cover the first 18 months of dividend payments on its SATS preferred stock
• ▪Strive closed an initial public offering of 7 million SATS 15% Perpetual Series A Preferred shares, raising $630 million in gross proceeds

Equity and preferred stock funding

• ▪Strive carries no traditional debt such as bonds, credit lines, or leveraged positions, funding its Bitcoin strategy through equity and preferred stock issues
• ▪Strive established a $500 million at-the-market program in December 2025 for SATA, its first preferred stock issue

Semler Scientific acquisition

• ▪Strive's acquisition of Semler Scientific in January 2026 marked the first instance of one public Bitcoin treasury buying another
• ▪Strive completed an all-stock acquisition of Semler Scientific in January 2026, absorbing a Bitcoin wallet that added thousands of Bitcoin to Strive's corporate balance sheet