Strive, Inc. announced the purchase of an additional 2,000 bitcoin, increasing its total holdings to 29,462. The company also disclosed updates on its holdings and announced a new repurchase program for its perpetual preferred stock.
Key Details
- Bitcoin Acquisition: The company purchased 2,000 bitcoin between September 28, 2026, and October 2, 2026, at an average price of approximately $84,422 per bitcoin, for a total cost of ~$168.8 million.
- SATA Repurchase Program: A new repurchase facility of up to $500 million has been implemented for the company's Variable Rate Series A Perpetual Preferred Stock (SATA).
- Updated Holdings (as of Oct 2, 2026): Strive now holds 29,462 bitcoin and reported cash and cash equivalents of $284.7 million.