Bitcoin treasury company Strive purchased 4,045 Bitcoin (BTC) for approximately $335 million last week, lifting its total holdings to 36,818 BTC as it continues to expand its cryptocurrency reserves through equity financing. The approach — raising capital from public markets to hold Bitcoin directly on the balance sheet — has given rise to a distinct cohort of listed corporate holders whose positions are tracked and ranked publicly.

According to a Monday filing with the United States Securities and Exchange Commission (SEC), the company acquired the Bitcoin between Oct. 12 and Oct. 16 at an average price of $82,803 per coin, including fees and expenses.

Data from BitcoinTreasuries.net shows that Strive is now the fourth-largest publicly traded corporate holder of BTC, moving ahead of MARA Holdings, with reserves valued at approximately $3 billion. MARA, meanwhile, has been reported to be selling part of its holdings, with wallets linked to the miner tracked by Arkham depositing roughly $82 million worth of crypto into Binance and Gate in recent days — a counterpoint that underscores how differently corporate holders are managing their Bitcoin exposure.

Strive also reported approximately $369 million in proceeds from warrant exercises on Oct. 12 and 13, resulting in the issuance of 13.7 million common shares, as disclosed in an SEC filing. The company's effective share count rose 12.4%, roughly matching the 12.3% increase in its Bitcoin holdings and leaving BTC per share largely unchanged — a metric that tracks how much Bitcoin backs each share of stock and whether acquisitions are adding to or diluting per-share exposure.

The latest purchase follows a series of sizable acquisitions, including the addition of 3,311 BTC the previous week, when holdings grew11.2%, outpacing a 9.4% increase in the effective common share count.

Strive also announced the launch of SATS last week, a new preferred stock issue carrying a fixed 15% annual dividend, payable each business day beginning Nov. 9, subject to board approval — a daily cadence that departs from the quarterly schedule typical of U.S. corporate dividends. The company priced a $630 million offering of the new preferred shares, with proceeds potentially funding additional Bitcoin purchases. Preferred shares rank ahead of common stock in a company's capital structure, and the fixed payout commits Strive to steady cash distributions regardless of market conditions, making how quickly the new capital is converted into further purchases a point to watch in upcoming SEC filings.

In late-morning trading on Monday, Strive (ASST) shares were up about 7.7% at $25.95, according to Yahoo Finance data.