Strive added another 29 bitcoin to its corporate treasury last week, purchasing roughly $2.2 million worth of the asset at an average price of $75,721 per coin between Oct. 31 and Nov. 6, according to a Monday 8-K filing — the form public companies file with the Securities and Exchange Commission to disclose material events. The buy lifted total holdings to 43,153 BTC, up from 43,124 as of Oct. 30, and capped an October campaign that had already pushed the Dallas-based company past the 40,000-coin mark.

Strive Chairman and CEO Matthew Cole posted the same figures on X: “Strive acquired 29 $BTC for $2.2M at an average cost of $75,721 per bitcoin, bringing total holdings to ₿43,153.” The company's corporate account republished the note minutes later. Per the filing, the average purchase price is inclusive of fees and expenses.

Even so, the latest weekly total represents a sharp downshift from the pace Strive set through October. In the prior week alone, from Oct. 24 through Oct. 30, the company added 124 bitcoin at about $80,526 a coin, according to a separate filing. Between Oct. 1 and Oct. 30, Strive acquired 15,124 bitcoin in total.

Friday's third-quarter results put year-to-date bitcoin yield — Strive's measure of the percentage change in bitcoin per share — at 63.2% through Sept. 30, with an 18.5% print for the third quarter alone. Holdings stood at 28,000 bitcoin on Sept. 30, before the October sprint. That climb followed multi-thousand-coin purchases earlier in the fall, including a 6,182-coin buy funded with preferred share proceeds, and kept Strive among the largest public corporate bitcoin stacks after Strategy.

Cash, SATS and a thinner weekly add

Cash and cash equivalents fell to $487.6 million as of Nov. 6 from $490.4 million a week earlier, a $2.8 million drop that roughly covers the roughly $2.2 million bitcoin spend plus fees. Strive did not break out a separate funding line for this week's purchase in the 8-K.

The preferred stack continued to move during the week. Shares of Strive's 15% Series A perpetual preferred (SATS) — perpetual, meaning the shares carry no set maturity date — rose by 33,141 to 7,036,559, a tally that includes shares sold through 4:00 p.m. Eastern that settle the next business day. SATA preferred stock was unchanged at 14,030,176. Effective common shares outstanding held flat at 127,331,109, after a Class A increase of 15,382 was offset by a matching Class B decline.

Strive also continues to hold 505,000 shares of Strategy's variable-rate STRC preferred — a position that pairs its direct bitcoin treasury with exposure to Strategy's preferred shares — marked at a fair value of $50.4 million as of Nov. 6, up slightly from $50.1 million a week earlier. The company closed a registered offering of 7 million SATS shares on Oct. 20 for about $609 million in net proceeds and later lined up a $1 billion SATS at-the-market program, an arrangement that allows a company to sell registered shares into the open market over time at prevailing prices. Those capital tools funded the larger buys that built the stack, and they still leave room for further additions if the ATM finds buyers.

At a bitcoin price near $74,650, the 43,153-coin treasury is worth roughly $3.22 billion on paper, placing the stack about 1.4% below this week's $75,721 average purchase price. Unlike Strategy, which publishes a cost basis each week, Strive did not disclose a companywide cost basis in Monday's filing.

Strategy's bigger Monday buy

The Strive update landed on the same Monday that Strategy disclosed its own weekly purchase. Strategy added 1,036 bitcoin for $81.9 million at an average of $79,012, lifting its holdings to 850,364 BTC bought for $64.16 billion at an average cost of $75,456. The two filings keep the familiar pairing in view: Strategy still dwarfs every other public corporate holder, while Strive has used preferred issuance to climb the treasury rankings with a faster bitcoin-per-share growth claim.

ASST closed Friday at $21.45, up from Thursday's $20.59 close and still well below the stock's Oct. 21 local high near $30.75. The 52-week range runs from $7.02 to $34.40. At the time of writing, bitcoin was changing hands near $74,650, according to Bitcoin Magazine Pro data.

For Strive, the test from here is whether another week of modest coin additions is a pause after October's sprint, or the new run rate now that the preferred ATM is the primary fuel for purchases. With both companies reporting weekly purchases through SEC filings, the coming Monday disclosures will provide a running measure of whether that pace holds.

This article first appeared on Bitcoin Magazine and was written by Micah Zimmerman.