Strive Increased Reserves to 43,153 BTC but Slowed Purchase Rate

The American investment company Strive, whose shares are traded on Nasdaq under the ticker ASST, acquired 29 bitcoins for approximately $2.2 million between October 31 and November 6, 2026. The average price was $75,721 per BTC, including fees and related expenses. According to a report filed with the U.S. Securities and Exchange Commission (SEC) on November 9, the company's total reserve increased to 43,153 BTC.

The new purchase was significantly smaller than previous ones. From October 24 to 30, Strive acquired 124 BTC at an average price of $80,526. In total, the company added 15,124 BTC in October, increasing its reserves from 28,000 BTC at the end of September to 43,124 BTC by October 30.

Strive's cash reserves decreased to $487.6 million

As of November 6, cash and cash equivalents amounted to $487.6 million compared to $490.4 million a week earlier. The reduction reached $2.8 million. In the latest report, Strive did not specify the source of funding for the purchase of 29 BTC.

The company uses the issuance of preferred shares to raise capital. On October 20, Strive completed the placement of 7 million series SATS shares with a fixed annual dividend rate of 15%, receiving about $609 million after placement expenses.

From October 30 to November 6, the number of SATS preferred shares in the report increased by 33,141, to 7,036,559. The number of common shares considered in Strive's calculated indicator remained at 127,331,109.

Additionally, Strive owns 505,000 STRC preferred shares of Strategy. Their fair value as of November 6 was estimated at approximately $50.4 million.

Strive continues to accumulate bitcoins amid Strategy's purchases

For the third quarter, Strive reported an increase in its BTC Yield indicator by 18.5%, and from the beginning of the year to September 30 – by 63.2%. The metric reflects the percentage change in the number of bitcoins per calculated share and is not equivalent to shareholder investment returns.

On the same day, Strategy, the largest public corporate holder of bitcoin, announced the purchase of 1,036 BTC for $81.9 million. The average purchase price was $79,012 per coin, and the total reserves reached 850,364 BTC. Strategy's total costs for purchasing these bitcoins amounted to $64.16 billion.

At an approximate BTC price of $74,650, as stated at the time of the original material's publication, Strive's reserves were valued at approximately $3.22 billion. This price was 1.4% below the average cost of the company's last weekly purchase but did not reflect the result for the entire accumulated reserve.

Strive has not yet disclosed the volume of future acquisitions. Further accumulation will depend on the availability of funding, while the dollar value of already accumulated bitcoins will depend on the market rate of BTC.