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8 clusters · 32 sources · 55 days · First seen · Last updated

Strive, Inc. Bitcoin treasury expansion

Overview

Strive, Inc. (NASDAQ: ASST) is aggressively expanding its Bitcoin treasury through an equity-based financing model, primarily utilizing its Variable Rate Series A Perpetual Preferred Stock (SATA). In late August 2026, the company acquired 1,110 BTC, increasing holdings from 20,246 to 21,356 BTC. This strategy relies on an at-the-market program where investors receive an annualized dividend yield of approximately 13%. Following a milestone of 25,000 BTC in mid-September, Strive accelerated its accumulation. Between September 21 and September 23, 2026, the company raised an estimated $85.88 million via SATA preferred stock.

In early October, a purchase of 3,311 BTC brought the total to 32,773 BTC. By October 13, 2026, two major purchase rounds totaling approximately $515 million—including 2,822 BTC at an average price of $83,266—brought total holdings to 35,595 BTC. This positioning makes Strive the fourth-largest holder of Bitcoin among publicly traded companies, surpassing MARA.

To further fuel this growth, Strive priced an upsized offering of 7,000,000 shares of its 15% Series A Perpetual SATS Preferred Stock at $90 per share. This offering, which is 2,000,000 shares larger than originally planned, is expected to generate approximately $630 million in gross proceeds. On October 20, 2026, the company closed this $630 million offering. The SATS shares carry a 15% fixed annual dividend based on a $100 stated value, with daily payments scheduled to begin November 9, 2026. CEO Matt Cole described the transaction as a “critical milestone to expand funding options and support the company’s credit profile.”

As of October 16, 2026, Strive has increased its total holdings to 36,818 BTC, following an acquisition of 4,045 BTC for approximately $335 million between October 12 and October 16. This brings the total value of its Bitcoin holdings to roughly $3 billion.

Entities

Bitcoin · Strive · Matt Cole · Nasdaq · SEC

Claims

What the coverage asserts, and how many sources carry each claim.

Coverage disagrees

Sources make claims that cannot both be true. CLSTR reports the disagreement; it does not decide who is right.

  • "Strive purchased 469 BTC between September 8 and September 11."

    vs

    "Strategy did not buy or sell any Bitcoin between September 8 and September 13."

    Strive claims it purchased 469 BTC between September 8 and September 11, while Strategy claims no Bitcoin was bought or sold between September 8 and September 13.

Timeline

  1. [BUSINESS] 8 sources
    Strive raises $630 million via SATS preferred stock offering

    Strive raised $630 million through an upsized SATS preferred stock offering on Nasdaq to fund further Bitcoin acquisitions, bringing its total holdings to over 36,800 BTC.

  2. [BUSINESS] 7 sources
    Strive expands Bitcoin holdings to 35,595 BTC as TD Cowen raises price target

    Strive, Inc. has increased its Bitcoin holdings to 35,595 BTC, prompting TD Cowen to raise its price target to $56. The company is also raising $630 million through a SATS preferred stock offering.

  3. [BUSINESS] 11 sources
    Strive expands Bitcoin treasury and announces $500M preferred stock IPO

    Strive has increased its Bitcoin holdings to 35,595 BTC and announced a $500 million preferred stock IPO to fund further digital asset acquisitions and corporate growth.

  4. [BUSINESS] 4 sources
    Strive raises $85.88 million via stock sales to expand Bitcoin treasury

    Strive raised an estimated $85.88 million via SATA preferred stock sales from September 21–23 to fund its Bitcoin treasury, outpacing the recent buying rate of Strategy.

  5. [BUSINESS] 7 sources
    Strive reaches 25,000 BTC milestone after $36.6 million purchase

    Strive has reached 25,000 BTC in total holdings after a $36.6 million purchase, while Strategy focused on repurchasing preferred stock instead of acquiring more Bitcoin.

  6. [BUSINESS] 5 sources
    Strive increases Bitcoin holdings to 24,531 BTC

    Strive has increased its total Bitcoin holdings to 24,531 BTC following a $109 million purchase, largely funded by its SATA preferred stock, which is nearing $1 billion in notional value.

  7. [BUSINESS] 2 sources
    Strive CEO targets second-largest Bitcoin treasury position

    Strive CEO Matt Cole aims to make the company the second-largest public Bitcoin holder by 2026, potentially utilizing $700 million in warrants to fund massive BTC acquisitions.

  8. [BUSINESS] 2 sources
    Strive, Inc. expands Bitcoin treasury via preferred stock program

    Strive, Inc. is expanding its Bitcoin treasury by using proceeds from its SATA preferred stock program to acquire digital assets, raising millions through equity rather than debt.

Sources

bitcoinbasis.de · bitcoinethereumnews.com · bitcoinmagazine.com · blockchainseoul.kr · blockmedia.co.kr · blocktempo.com · btc-echo.de · btcwires.com · cahighways.org · coindeskjapan.com · cointelegraph.com · cointribune.com · coinworldstory.com · criptoinforme.com · crypto-insiders.nl · crypto.news · cryptobreaking.com · cryptobriefing.com · cryptoninjas.net · cryptopolitan.com · cryptoslate.com · decrypt.co · it-boltwise.de · marketwire.com · mycryptoparadise.com · neweconomy.jp · newsbtc.com · stocknews.com · tekedia.com · thecryptobasic.com · tokenpost.com · tronweekly.com

This summary has been updated 11 times: see revision history