Strive bought 3,311 BTC worth roughly $280 million between Oct. 5 and Oct. 9, marking its largest Bitcoin purchase since January. The Nasdaq-listed asset manager said it paid an average of about $84,500 per coin, including fees, in a filing disclosed Monday (SEC filing).

The purchase increased Strive’s total holdings to 32,773 BTC, worth roughly $2.73 billion at current prices, from 29,462 BTC a week earlier, an increase of more than 11%. The company trades under the ticker ASST and is led by CEO Matthew Cole.

The latest acquisition extends a rapid accumulation streak in which each purchase has exceeded the last: Strive bought $94.5 million worth of Bitcoin in late September, a purchase that pushed the company’s holdings above 27,000 BTC, then added $169 million worth earlier this month in what was then its largest buy in four months. The $280 million tranche now stands as Strive’s biggest purchase since January, capping a stretch of buying that has grown progressively larger over the past several weeks.

Strive’s latest purchase came as Bitcoin moved through a difficult week. The company bought at an average price well below the token’s recent highs near $87,000, adding to its holdings as the market declined.

Strive is one of a growing number of public companies that have adopted Bitcoin treasury strategies. These firms raise capital to accumulate the asset and link their share performance to Bitcoin’s price. The model was pioneered by Michael Saylor’s Strategy and has attracted a group of corporate participants.

Strive has pursued the strategy aggressively since going public through its merger with Asset Entities. It also recently completed a merger with Semler Scientific to expand its balance sheet. In addition to its Bitcoin holdings, Strive owns about 505,000 shares of Strategy’s STRC preferred stock, valued at nearly $50 million, and holds roughly $310 million in cash.

The company’s buying comes amid increased treasury activity across the sector. Strategy recently acquired $21.5 million in Bitcoin while repurchasing preferred stock. Solana treasury company DeFi Development Corp. continued accumulating SOL, while Bitmine added more Ethereum. Bitmine Chairman Tom Lee said the company is nearing the end of its purchases and will stop buying once it holds 5% of Ethereum’s supply.

Bitcoin treasury strategies also expose companies to the asset’s volatility. Strive’s financial results and stock performance are affected by Bitcoin’s price, while treasury companies have faced scrutiny over the extent to which their stock premiums depend on continued accumulation. Subsequent SEC filings will show whether Strive maintains the recent pace, and those disclosures remain the primary public record of the company’s treasury activity between reporting periods.