Strive has increased its Bitcoin treasury to 35,595 BTC following the acquisition of 2,822 additional coins for $235 million. This purchase, confirmed by CEO Matt Cole, brings the total value of the company's holdings to approximately $2.9 billion, based on a market price of $82,000 per Bitcoin.
With this latest addition, Strive has surpassed MARA Holdings, which currently holds 35,577 BTC after a recent sale. Strive now ranks as the fourth-largest corporate holder of Bitcoin globally. This follows a previous acquisition of 3,311 BTC between October 5 and October 9 at an average price of approximately $84,500 per coin.
The company also reported the exercise of 13.7 million out of 15.3 million remaining warrants, generating $369 million in gross proceeds. Currently, 94% of traditional warrants have been exercised, and the company maintains an amplification ratio of 47%.
