Strive purchased approximately $335 million of Bitcoin last week, bringing its holdings to 36,818 BTC, valued at over $3 billion, cementing its position as the fourth-largest corporate holder. The company acquired 4,045 coins between Oct. 14 and Oct. 16, expanding its stash by more than 380% since early 2026. The $630 million SATS Series A preferred offering is expected to settle on Oct. 20, with proceeds earmarked for Bitcoin purchases among other corporate purposes. CEO Matt Cole aims for Strive to potentially become the second-largest public corporate Bitcoin holder by year-end.
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