Strive, a Nasdaq-listed company trading under the ticker ASST, has acquired 4,045 BTC. The purchase took place between October 12 and 16, with the company spending approximately $335 million at an average price of around $82,803 per coin.
The acquisition was funded by the exercise of warrants covering 13.7 million shares, which resulted in gross proceeds of approximately $369.2 million. The participation rate for the warrant exercise reached 94%.
Following this transaction, Strive’s total Bitcoin holdings have increased to 36,818 BTC, currently valued at roughly $3 billion. The company now ranks fourth among publicly traded corporate Bitcoin holders.
To facilitate further expansion, Strive has priced an offering of 7 million shares of 15% Series A Perpetual SATS preferred stock. The company aims to raise $630 million, with the deal expected to settle on October 20.
Strive began 2026 with 7,525 BTC, marking a growth of over 380% in its holdings. CEO Matt Cole noted that the company has a potential path to become the second-largest public Bitcoin holder by the end of the year.
