Strive bought 124 BTC between October 24 and October 30 for about $10 million, at an average price of $80,526 per bitcoin including fees. The purchase raises its holdings to 43,124 BTC, worth roughly $3.3 billion, placing the company fourth among public companies behind Twenty One Capital and Metaplanet. Existing cash funded most of the acquisition, while Strive used its new SATS preferred stock at-the-market program for the first time. Strive retains 505,000 shares of Strategy’s preferred stock, worth about $50 million, and reported an amplification ratio of 62.7% with no debt as of October 23.
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