Strive’s Bitcoin Holdings Surpass $2 B After Five‑Week Buying Spree

Strive Inc., a Nasdaq‑listed bitcoin treasury firm, announced a new purchase of 1,355 bitcoin for about $107.7 million, bringing its total holdings to 26,355 BTC. At Monday morning prices the bitcoin balance is valued between $2.1 billion and $2.2 billion.

Cash Position Grows Despite Large Purchase

During the week of September 14‑18 the company spent nearly $108 million on bitcoin, but its cash reserves increased from $204.2 million to $229.6 million, a rise of $25.4 million. The increase stems from simultaneous issuances of common stock and high‑yield preferred shares.

Funding Mechanism

Strive issued 2.07 million Class A common shares, raising the total count to 87.8 million, and sold 786,194 SATA preferred shares. The preferred shares, priced around $100 each and paying a variable dividend near 13 %, generated roughly $78.6 million in new capital. Including existing SATA shares, the preferred series represents about $1.12 billion at stated value.

Accumulation Pace

Over five consecutive reporting periods the firm has bought a total of 6,109 bitcoin, with weekly purchases of 1,110, 1,800, 1,375, 469 and the latest 1,355 BTC. This accumulation has lifted holdings by more than 225 % year‑to‑date, placing Strive fifth among publicly traded corporate bitcoin owners.

Related Holdings

Strive also holds approximately 505,000 shares of Strategy’s STRC preferred stock, valued at around $49.7 million.

Impact on Associated Securities

The company’s ASST common stock closed at $30.09, up 6.4 % on the day, after trading at $14.73 a month earlier – a 104 % gain over that period, though still well below its one‑year and peak levels.