Strive purchased 1,107 Bitcoin for approximately $94.5 million between September 21 and September 25, at an average price of $85,396 per BTC. The company funded these acquisitions primarily through SATA preferred stock, which supplied 85% of the deployed capital, while warrant exercises generated an additional approximately $12.4 million. With a total of 27,462 BTC, Strive now ranks among the largest publicly tracked corporate Bitcoin treasuries. The company continues its accumulation strategy without waiting for a major market correction, with Bitcoin trading in the low-to-mid $80,000 range. This structured approach to converting capital market access into Bitcoin raises questions about the per-share impact for investors.
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