Strive, a Nasdaq-listed company holding bitcoin as a treasury asset, bought 4,045 BTC between October 12 and 16 at an average price of approximately $82,803 each, for a total value of about $335 million. This purchase brings its holdings to 36,818 BTC, worth roughly $3 billion at current prices. The funding came from warrant exercises on October 12 and 13, which raised approximately $369.2 million. Strive simultaneously launched a $630 million preferred stock offering called SATS with a 15% dividend, scheduled to settle on October 20. Founded in 2022 by former presidential candidate Vivek Ramaswamy as an anti-ESG asset manager, the company adopted bitcoin as a treasury reserve in May 2025.
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