BTC $83,313.00 ▲ 0.81% ETH $2,509.77 ▼ 0.80% BNB $741.38 ▼ 0.66% XRP $1.37 ▼ 1.49% SOL $106.97 ▼ 2.86% TRX $0.3282 ▼ 0.93% FIGR_HELOC $1.07 ▲ 6.37% ZEC $1,194.01 ▼ 7.01% HYPE $81.52 ▼ 4.10% DOGE $0.0844 ▼ 1.53% XMR $529.21 ▼ 0.89% LINK $12.97 ▼ 1.30% WBT $81.83 ▲ 0.44% ADA $0.2356 ▼ 4.73%
57 Greed

Strive Adds 3,311 BTC as Total Bitcoin Holdings Hit 32,773

Strive Adds 3,311 BTC as Total Bitcoin Holdings Hit 32,773 Image: Crypto.news
Image via Crypto.news.

Nasdaq-listed Bitcoin treasury company Strive purchased 3,311 BTC over the past week, lifting its total Bitcoin holdings to 32,773 units. CEO Matt Cole announced the acquisition on October 13 alongside $208 million in warrant exercises ahead of a 5pm ET expiration deadline for the remaining warrants that same day. Roughly 15.3 million warrants were still outstanding at the time of the announcement. Strive also formalized a $100 minimum issuance price for its SATA preferred shares in its governing documents.

Key points

  1. Strive purchased 3,311 BTC over the past week, bringing total holdings to 32,773 BTC.
  2. Approximately 15.3 million warrants remained outstanding at the time of the announcement.
  3. Strive formalized a $100 minimum issuance price for SATA preferred shares in its governing documents.

Why it matters

The purchase adds to growing corporate Bitcoin treasury holdings, while the warrant exercises and SATA price formalization update Strive's financing and equity terms for stakeholders.

What's unclear

Reports conflict on Strive CEO's first name (Coll vs Cole)
Amount of $208M in exercised warrant proceeds used for the latest BTC purchase is unconfirmed

Price context · BTC

At publication
$83,269.00
Now
$83,313.00
Change since
+0.05%
7 days · dashed line = publication

Sources · 5 publishers

CryptoPotato Tier 2 First report
Strive Adds 3,311 BTC in Another Massive Bitcoin Purchase
Crypto.news Tier 2
Strive buys 3,311 Bitcoin as BTC holdings reach 32,773
Unchained Tier 1
Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry
CoinGape Tier 2
Strive Adds 3,311 BTC to Treasury as Bitcoin Holdings Reach 32,773
The Block Tier 1
Strive buys 3,311 bitcoin for $280 million in largest acquisition since January

Coverage timeline

  1. First reported by CryptoPotato
  2. Confirmed by Crypto.news
  3. CryptoVideos brief published
  4. 3 more publishers added to sources
How this brief was made. Our system found this event in 5 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

Related briefs