Strive Acquires 1,375 BTC for $109M, Total Holdings Rise Above 24,500

CryptoPotato reported that Strive added 1,375 BTC to its treasury at an average cost of $79,281 per bitcoin, spending $109 million in total. CEO Matt Cole disclosed the acquisition on X, noting that 70% of the capital deployed came from $SATA, which now carries $999 million in notional outstanding. The purchase lifts Strive's total holdings to 24,531 BTC, valued at roughly $1.9 billion based on the reported price of $78,200 per bitcoin at the time of the article. CryptoPotato also noted that the prior week Strive had purchased 1,800 BTC for $143 million at a similar average price, though it declined to speculate on the nature or timing of future purchases. The outlet contrasted Strive's activity with Strategy, which it said has paused bitcoin purchases to focus on repurchasing STRC shares. Because only one outlet covers this story, the details should be treated as single-source reporting.