Strive, Inc. acquired 469 Bitcoin between September 8 and 11, 2026, for approximately $36.6 million. The average purchase price was $77,954 per coin. This transaction brings the company's total holdings to 25,000 BTC, valued at roughly $1.95 billion.
The acquisition was financed through the issuance of Variable Rate Series A Perpetual Preferred Stock (SATA) without diluting common shares. Investors purchase these shares at $100 each, and holders receive an annualized variable dividend of approximately 13%, paid daily on business days.
The total notional value of outstanding SATA shares has exceeded $1.04 billion, with the latest issuance raising about $40.3 million. Strive currently reports an amplification ratio of 53.5%, which tracks preferred equity and debt relative to the net asset value of its Bitcoin holdings.
Strive, co-founded by Vivek Ramaswamy, shifted its focus toward Bitcoin accumulation following a merger with Semler Scientific in January 2026, which added 5,048 BTC to its balance sheet. The firm is now the fifth-largest public holder of Bitcoin globally, controlling approximately 0.119% of the total supply.
