Strive raises corporate Bitcoin treasury to 25,000 BTC with $36.6 million purchase

Strive announced the acquisition of 469 Bitcoin between September 8 and September 11, paying an average price of roughly $77,954 per coin. The $36.6 million transaction lifts the company’s Bitcoin holdings to an even 25,000 BTC, up from 24,531 BTC.

Funding source

The purchase was financed with proceeds from Strive’s Variable Rate Series A Perpetual Preferred Stock (ticker SATA), rather than from common‑stock sales. SATA’s nominal issuance value has now exceeded $1 billion, making it a primary funding vehicle for the firm’s Bitcoin accumulation strategy.

Recent acquisition history

• August 24‑28: 1,800 BTC bought for about $143 million at an average price of $79,431 per coin.
• Subsequent purchases added 1,375 BTC, bringing the total to 23,156 BTC.
• September 8‑11: 469 BTC added, reaching the 25,000 BTC milestone.

Balance sheet snapshot

• Bitcoin treasury: 25,000 BTC
• Cash: approximately $204.2 million
• STRC preferred stock (Strategy): 505,000 shares valued at about $49.81 million

Amplification ratio

CEO Matt Cole reported that Strive’s amplification ratio rose to 53.5%. The ratio measures Bitcoin exposure available to common shareholders relative to the company’s net asset value, according to the firm’s disclosed methodology.

Impact on shareholders

ASST common shareholders receive indirect exposure to Bitcoin through Strive’s treasury. The use of preferred‑stock financing avoids immediate dilution of common shares, though it introduces dividend obligations tied to the preferred securities.