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Bitcoin Article

Strive Completes Its Third-Largest Bitcoin Purchase, Adding 2,000 BTC

On October 5, 2026 by voice

Strive CEO Matt Cole just announced that the company spent $169 million to acquire 2,000 $BTC last week at an average price of $84,422.

This brings its total holdings to 29,462 units, accumulated at an average price of somewhere between $90,400 and $90,700.

Strive acquired 2,000 $BTC for $169M at an average cost of $84,422 per bitcoin, bringing total holdings to ₿29,462.

61.5% of capital raised came from SATA, with warrants generating $56.7M.

Today’s 8-K also highlights key metrics and KPIs through 3Q26.

$ASST $SATA https://t.co/HS4ADPQ8mJ

— Matt Cole (@ColeMacro) October 5, 2026

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This rather impressive weekly purchase, significantly larger than the one from the previous week, is actually the third-largest in the company’s history according to on-chain data.

The single biggest was actually not a direct buy, but came from the merger with Semler Scientific, in which 5,816-5,817 $BTC (worth $675 million) were involved. Then came the 2026 record of 2,500 $BTC, accumulated for $185.2 million in late May and early June.

Thus, the company has ramped up its accumulation spree at times when the largest corporate holder of bitcoin has slowed down. Although Strategy has extended its consecutive weekly purchase streak to three now, its actual buy was a lot lower than Strive’s at just 334 $BTC.

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