Bitcoin treasury firms opened Monday with another round of buying. Strategy and Strive said they purchased a combined 2,305 BTC for $182.7 million as bitcoin moved above $86,000, according to Bitcoin Magazine.
Latest purchases from Strategy and Strive
Strategy said in a filing that it bought 950 BTC last week for $75.7 million. It was the company’s first purchase since August. Strive bought 1,355 BTC for $107.7 million.
Bitcoin Magazine said in a social media post: “Public companies Strategy and Strive bought a combined 2,305 Bitcoin for $182.7 million. Strategy: 950 BTC. Strive: 1,355 BTC.”
Bitcoin rises past $86,000
The disclosures landed as bitcoin extended its move higher. The cryptocurrency was recently trading at $86,008, up 6% over the past 24 hours, after reaching as high as $86,282 earlier Monday.
Strategy resumes buying after a pause
Strategy, the largest corporate holder of bitcoin, also repurchased $174 million of its STRC perpetual preferred shares. The company had paused bitcoin buying this year while it focused on stock buybacks and building a cash reserve.
At times, Strategy also sold small amounts of its bitcoin holdings, despite founder and chairman Michael Saylor’s long-running message that investors should never sell their bitcoin.
After a 10-week hiatus, the company resumed buying in the final week of August, picking up nearly $370 million of bitcoin. Its holdings now stand at 846,000 BTC, worth about $72.7 billion at current prices.
Strive climbs to fifth among corporate holders
Strive has kept buying every week, the report said, and has continued to move up the list of public companies holding bitcoin. The Nasdaq-listed firm now ranks as the fifth-largest corporate holder of the asset with 26,355 BTC worth about $2.2 billion.
Stocks and the 2026 backdrop for treasury companies
Strategy shares (NASDAQ: MSTR) were up 8% on Monday. Strive (NASDAQ: ASST) traded slightly lower, though on Friday the stock moved above $30 per share, beating most targets set by Wall Street analysts.
Bitcoin treasury companies have faced a difficult 2026, according to the report. Strategy, Satsuma, Smarter Web Company, Sequans, Nakamoto, and Empery Digital have all sold bitcoin this year to repay debt, fund operations, or finance buybacks. Others have shut down or shifted to AI infrastructure after their share prices fell sharply.
Price gains despite blocked legislation and a rate hike
Bitcoin’s Monday rally came even after key crypto legislation, the Clarity Act, was blocked last week. The Federal Reserve also raised interest rates, but investors appeared to shrug off the move, the report said.
Even with the latest rebound, bitcoin remains more than 30% below its all-time high of $126,080 reached in October.
The story first appeared in Bitcoin Magazine and was written by Mathew Di Salvo.