Strive buys 15,124 Bitcoin in October, closes in on top treasury holders
Summary
Strive bought 15,124 Bitcoin in October, taking its holdings to 43,124 BTC as of Oct. 30 and making it the fourth-largest publicly traded corporate Bitcoin holder. It is 390 BTC behind Twenty One Capital and 877 BTC short of Metaplanet, assuming rivals’ holdings stay unchanged. Strive also raised about $609 million through preferred stock carrying a 15% annual dividend, but has not said how much will fund Bitcoin purchases. Its third-quarter net income was $509 million, largely reflecting $533.7 million in unrealized Bitcoin gains. The company is considering expansion into banking, brokerage, DeFi, reinsurance and tokenization, without disclosing plans or timelines.
