8/109 sources · 8 publishersUpdated Oct 26, 17:02 UTC
Strive adds 6,182 Bitcoin for $511 million, lifts treasury to 43,000 BTC and launches $1 billion ATM program
Strive Inc. bought 6,182 BTC for about $511.4 million between Oct 17‑23 2026, bringing its total holdings to 43,000 BTC, a 16.8% weekly increase. The purchase was funded largely by a $630 million preferred‑stock offering that closed on Oct 20. On the same day the company filed a prospectus supplement for a new at‑the‑market program that allows it to sell up to $1 billion of SATS preferred stock.
Why it matters
The announcement sent Strive’s shares down 4.9% in after‑hours trading. Cash and cash equivalents rose to $504.4 million, giving the firm additional liquidity for future Bitcoin purchases.
Key facts
- 1Strive bought 6,182 Bitcoin for about $511.4 million between Oct 17 and Oct 23, 2026. cryptotimes.io
- 2The purchase raised Strive’s total Bitcoin holdings to 43,000 BTC. cryptotimes.io
- 3The average price paid was roughly $82,732 per coin, including fees and expenses. cryptotimes.io
- 4Bitcoin holdings grew 16.8% in the week, from 36,818 BTC to 43,000 BTC. cryptotimes.io
- 5Cash and cash equivalents ended the week at $504.4 million. cryptotimes.io
- 6Strive launched a $1 billion at‑the‑market program to sell SATS preferred stock. cryptotimes.io
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.