Strive Raises Bitcoin Holdings to 25,000 BTC With Latest Purchase
Key Takeaways
- •Strive purchased 469 bitcoins at an average price of approximately $77,954, lifting its total holdings to 25,000 BTC worth nearly $2 billion.
- •The company ranks as the fifth-largest publicly traded bitcoin holder, with Strategy, Twenty One, Metaplanet, and MARA each holding more.
- •CEO Matt Cole said all capital raised during the week came through sales of SATA, Strive's perpetual preferred stock.
- •Shares of Strive, which trade under the ticker ASST, rose more than 6% following the announcement.
- •Strive maintains a debt-free balance sheet with no encumbered bitcoin, unlike Strategy, the largest holder, which has used leverage to buy bitcoin.
Nasdaq-listed bitcoin treasury company Strive now holds 25,000 BTC, worth nearly $2 billion, after purchasing an additional 469 bitcoins.
Strive said Monday that it bought the bitcoin at an average price of approximately $77,954. According to Bitcoin Treasuries, Strive remains the fifth-largest publicly traded bitcoin company by holdings. Strategy, Twenty One, Metaplanet, and MARA each hold more bitcoin than Strive.
CEO Matt Cole said on X Monday that all of the capital raised during the week came through sales of SATA, Strive’s perpetual preferred stock.
The first billion’s the hardest. pic.twitter.com/1EDYiZ10TD — Matt Cole (@ColeMacro) September 13, 2026
Strive’s stock, which trades under the ticker ASST, was more than 6% higher following the announcement. The Dallas, Texas-based company launched as an official bitcoin treasury last year. It was founded by Vivek Ramaswamy, a former Ohio gubernatorial candidate and technology entrepreneur.
In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock transaction. The deal was the first instance of one publicly traded Bitcoin treasury company acquiring another, according to the report.
As with other digital-asset treasury companies, Strive’s model allows investors to seek amplified exposure through its stock. The company uses equity to purchase bitcoin while maintaining a debt-free balance sheet, with no bonds, credit lines, or leveraged positions that could lead to forced liquidation during a downturn. For readers comparing bitcoin treasury companies, the distinction is the source of the capital used to build the holdings: Strive says its latest weekly fundraising came through SATA, while its stated structure excludes debt and encumbered bitcoin.
Strive distinguishes itself from other major bitcoin treasuries, including the largest, Strategy, which has used leverage to buy bitcoin. Cole has described Strive as debt-free, with zero margin requirements and zero encumbered bitcoin.
The original report was published by Bitcoin Magazine and written by Mathew Di Salvo. A second X reference associated with Cole’s post is available at https://x.com/ColeMacro/status/2099114355715698976?ref_src=twsrc%5Etfw, and the post’s short link is
