Strive Adds 1,223 Bitcoin As Corporate Treasury Reaches 36,818 BTC
Summary
Strive disclosed in an SEC filing that it bought 1,223 Bitcoin between October 14 and 16 for about $100 million, averaging roughly $81,734 per coin. Its reported holdings rose to 36,818 BTC, following an earlier purchase of 2,822 BTC that week. The accumulation places Strive among the largest publicly traded Bitcoin holders. The strategy relies on financing tools such as preferred shares and equity issuance, which may enable further purchases but bring funding costs, dilution and volatility risks. For shareholders, the key question is whether the growing Bitcoin treasury increases value per share.
