Bitcoin
Strive Purchases 2,000 Bitcoin for Roughly 169 Million Dollars
The Nasdaq-listed treasury company expanded its holdings to 29,462 Bitcoin following its largest acquisition in four months.
Nasdaq-listed Bitcoin treasury firm Strive acquired 2,000 Bitcoin between September 28 and October 2 for approximately $169 million, paying an average price of roughly $84,422 per coin according to an SEC filing. The transaction marks the company's largest single purchase since it bought 2,500 BTC between late May and early June.
Following the purchase, Strive's total reserves reached 29,462 Bitcoin as of October 2, valued at around $2.5 billion based on prevailing market prices near $86,000. The company reported holding $284.7 million in cash alongside zero debt, with its overall average acquisition cost standing at $90,170 per coin at the close of September.
Strive has steadily expanded its balance sheet after agreeing to acquire healthcare technology firm Semler Scientific and its 5,000 BTC in September 2025. That transaction closed in January, creating a combined treasury of about 12,800 coins that subsequently grew to 14,557 BTC in April and 20,246 BTC by mid-August. Recent acquisitions have been funded primarily through sales of its SATA preferred stock, which pays an annual dividend of approximately 13 percent.
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