Strive increased its Bitcoin position by 2,000 BTC last week, according to a disclosure by CEO Matt Cole on X. The company spent $169 million on the purchase, with an average cost of $84,422 per coin, bringing its total Bitcoin holdings to 29,462 BTC.
Cole also shared details on the financing behind the purchase. He said 61.5% of the funding came from SATA, while warrants generated $56.7 million. In the same update, he noted that an 8-K filing submitted today disclosed key metrics and KPIs through the third quarter of 2026.
The disclosure outlines the size of the latest purchase, the average acquisition price, the updated treasury position, and the funding mix tied to the transaction.
Strive bought 2,000 BTC last week for $169 million, according to a post on X by CEO Matt Cole. The company said the average purchase price was $84,422 per Bitcoin, lifting its total holdings to 29,462 BTC.
Cole said 61.5% of the financing came from SATA, while warrants generated $56.7 million.
He also said an 8-K filing submitted today disclosed key metrics and KPIs through the third quarter of 2026.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
