On October 5, 2026, Strive, founded by Vivek Ramaswamy, announced the purchase of 2,000 BTC for $169 million. The average price was $84,422 per Bitcoin, with the transaction occurring from September 28 to October 2. This was reported by CEO Matt Cole on his X account. The company's total assets reached 29,462 BTC, approximately $2.53 billion.
According to Cole, 61.5% of the capital came from SATA, while warrants brought in $56.7 million. In the third quarter of 2026, the company achieved an 18.5% return on Bitcoin and acquired 8,137 BTC at an average price of $78,885. By the end of September, the average cost of Bitcoin in reserves was $90,170. This purchase became the third largest in Strive's history. The largest was the merger with Semler Scientific – 5,816–5,817 BTC for $675 million. The second was a record for 2026: 2,500 BTC for $185.2 million. The previous purchase was 1,107 BTC for $94.5 million.
Strive's activity increased amid a slowdown in purchases by Strategy, which extended its series to three weeks but only bought 334 BTC for $28.7 million. As of October 4, Strive had $284.7 million in cash and cash equivalents with no debt, as well as STRC shares worth $50.2 million. Since the beginning of the year, holdings have grown by more than 290%, in monetary terms – by 48% since July 2. The company has become the fifth largest corporate Bitcoin reserve in the world, surpassing the Bullish exchange. It trails behind Strategy, Twenty One Capital, Metaplanet, and MARA. Twenty One Capital holds 43,514 BTC, with Strive lagging by 14,052 coins. ASST shares rose by more than 2% in pre-market trading to $30.61, gaining over 139% in the quarter. SATA trades above par at $100 and pays $13 per share annually (yield 13%). Bitcoin was trading around $86,000, with daily trading volume up by 78%.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.
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