Strive Increases Bitcoin Holdings to 36,818 BTC After $335 Million Purchase Funded by Warrant Exercises
Strive bought 4,045 BTC for $335 million in five days, raising total holdings to 36,818 BTC, funded by $369 million in warrant exercises and an upcoming $630 million preferred stock offering.
Why it matters
Strive has become the fourth-largest publicly traded corporate bitcoin holder, demonstrating the continuing model of public companies using equity financing to accumulate bitcoin as a treasury asset. The warrant exercises and preferred offering show sustained investor appetite for bitcoin-exposed equities.
Where the sources disagree
Bitcoin holdings before the latest 1,223 BTC purchase
35,595 BTC before Oct 14-16 purchase
CoinGape
32,773 BTC as of Oct 9, then 2,822 BTC added Oct 12-13
Unchained, Cointelegraph, Decrypt, Altcoin Buzz
CoinGape reports holdings of 35,595 BTC before the Oct 14-16 purchase, while other sources cite 32,773 BTC as of Oct 9 with the 2,822 BTC purchase announced Oct 14 bridging the gap
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
size of the holdings (holdings)
36,818 BTC
Unchained
32,773 BTC
Altcoin Buzz
Unchained reports 36,818 BTC, Altcoin Buzz reports 32,773 BTC (11% apart).
size of the holdings
1,223 BTC
Unchained
2,822 BTC
CoinGape
Unchained reports 1,223 BTC, CoinGape reports 2,822 BTC (57% apart).
size of the holdings
1,223 BTC
Unchained
4,045 BTC
Bitcoin.com News
Unchained reports 1,223 BTC, Bitcoin.com News reports 4,045 BTC (70% apart).
reported value (bought)
2,822 BTC
Unchained
4,045 BTC
CoinGape
Unchained reports 2,822 BTC, CoinGape reports 4,045 BTC (30% apart).
reported value (bought)
2,822 BTC
Unchained
4,045 BTC
Decrypt
Unchained reports 2,822 BTC, Decrypt reports 4,045 BTC (30% apart).
reported value
$49.3 million
Unchained
$82 million
Cointelegraph
Unchained reports $49.3 million, Cointelegraph reports $82 million (40% apart).
size of the holdings (holdings)
1,223 BTC
CoinGape
4,045 BTC
Bitcoin.com News
CoinGape reports 1,223 BTC, Bitcoin.com News reports 4,045 BTC (70% apart).
size of the holdings (treasury)
2,822 BTC
CoinGape
1,223 BTC
Cointelegraph
CoinGape reports 2,822 BTC, Cointelegraph reports 1,223 BTC (57% apart).
size of the holdings (holdings)
36,818 BTC
Cointelegraph
32,773 BTC
Altcoin Buzz
Cointelegraph reports 36,818 BTC, Altcoin Buzz reports 32,773 BTC (11% apart).
size of the holdings
1,223 BTC
Cointelegraph
4,045 BTC
Bitcoin.com News
Cointelegraph reports 1,223 BTC, Bitcoin.com News reports 4,045 BTC (70% apart).
reported value (strive)
$335 million
Cointelegraph
$369 Million
Decrypt
Cointelegraph reports $335 million, Decrypt reports $369 Million (9% apart).
reported value (strive)
$335 million
Cointelegraph
$369 Million
Crypto News (CryptoNews.net)
Cointelegraph reports $335 million, Crypto News (CryptoNews.net) reports $369 Million (9% apart).
size of the raise
$630 Million
Bitcoin.com News
$369.2 million
Decrypt
Bitcoin.com News reports $630 Million, Decrypt reports $369.2 million (41% apart).
size of the raise
$630 Million
Bitcoin.com News
$369.2 million
Crypto News (CryptoNews.net)
Bitcoin.com News reports $630 Million, Crypto News (CryptoNews.net) reports $369.2 million (41% apart).
reported value
$335 million
Bitcoin.com News
$369 Million
Decrypt
Bitcoin.com News reports $335 million, Decrypt reports $369 Million (9% apart).
reported value
$335 million
Bitcoin.com News
$369 Million
Crypto News (CryptoNews.net)
Bitcoin.com News reports $335 million, Crypto News (CryptoNews.net) reports $369 Million (9% apart).
size of the holdings
36,818 BTC
CoinGape
32,773 BTC
Altcoin Buzz
CoinGape reports 36,818 BTC, Altcoin Buzz reports 32,773 BTC (11% apart).
size of the move (rose)
12.4%
Cointelegraph
13.5%
Decrypt
Cointelegraph reports 12.4%, Decrypt reports 13.5% (8% apart).
size of the holdings (holdings)
36,818 BTC
Bitcoin.com News
32,773 BTC
Altcoin Buzz
Bitcoin.com News reports 36,818 BTC, Altcoin Buzz reports 32,773 BTC (11% apart).
size of the holdings (holdings)
36,818 BTC
Decrypt
32,773 BTC
Altcoin Buzz
Decrypt reports 36,818 BTC, Altcoin Buzz reports 32,773 BTC (11% apart).
Key facts
Strive purchased 4,045 bitcoin between October 12 and 16 for approximately $335 million
4,045 BTCDisputed figureReported by Unchained
The average purchase price for the 4,045 BTC was $82,803 per coin including fees
82,803 USDDisputed figureReported by Unchained
Warrant exercises on October 12-13 raised $369.2 million through 13,674,703 new Class A shares
369,200,000 USDDisputed figureReported by Unchained
Strive priced a $630 million SATS preferred stock offering at $90 per share on October 15, settling October 20
630,000,000 USDDisputed figureReported by Unchained
Class A shares outstanding increased from 101.2 million to 114.8 million, a 13.5% rise
13.5 %Disputed figureReported by Unchained
Cash and cash equivalents rose to $317.5 million from $310.3 million over the week
317,500,000 USDReported by Unchained
Strive holds 505,000 shares of Strategy's STRC preferred stock valued at $49.3 million
49,300,000 USDDisputed figureReported by Unchained
What happened
Strive, a Nasdaq-listed Bitcoin treasury company, disclosed in a Form 8-K filing that it acquired 4,045 bitcoin between October 12 and 16 at an average price of $82,803 per coin, bringing its total holdings to 36,818 BTC valued at approximately $3 billion. The purchases occurred in three batches: 3,311 BTC at ~$84,500 (Oct 5-9), 2,822 BTC for ~$235 million (Oct 12-13), and 1,223 BTC at ~$81,734 (Oct 14-16). The buying was funded by warrant exercises on October 12-13 that raised $369.2 million through the issuance of 13.7 million Class A shares, increasing the share count 13.5% to 114.8 million. All traditional warrants have now expired or been exercised. Strive also priced a 7 million-share offering of 15% Series A Perpetual SATS Preferred Stock at $90 per share on October 15, upsized by 2 million shares, with $630 million in gross proceeds expected to settle October 20. The company holds 505,000 shares of Strategy's STRC preferred stock worth $49.3 million and cash equivalents of $317.5 million.
How the story developed
- Official statement
Strive prices $630 million SATS preferred stock offering
7 million shares of 15% Series A Perpetual SATS Preferred at $90, upsized by 2 million shares
- Official statement
Strive CEO Matt Cole announces latest 1,223 BTC purchase on X
CEO confirms acquisition of 1,223 BTC at $81,734 average between Oct 14-16
- First report
First report by Unchained
Strive Lifts Bitcoin Holdings to 36,818 BTC Ahead of $700 Million SATS Settlement
- Official statement
Strive files Form 8-K disclosing bitcoin purchases and warrant exercises
Form 8-K filed Monday October 19 detailing 4,045 BTC purchased Oct 12-16 and $369.2M warrant proceeds
- Independent corroboration
Independently corroborated by CoinGape
Strive Adds 1,223 Bitcoin To Its Treasury, Raising Total BTC Holdings to 36,818
- Official statement
Official statement from Bitcoin.com News
Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise
- Update
SATS preferred stock offering scheduled to settle
Expected $630 million gross proceeds to settle, providing capital for further bitcoin accumulation
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 19 Oct 2026, 13:09 UTC: Unchained — 1 independent source, 1 reports
- 19 Oct 2026, 13:38 UTC: CoinGape — 2 independent sources, 2 reports
- 19 Oct 2026, 16:30 UTC: Cointelegraph — 3 independent sources, 3 reports
- 19 Oct 2026, 16:30 UTC: Bitcoin.com News, official — 4 independent sources, 4 reports
- 19 Oct 2026, 21:46 UTC: Decrypt — 5 independent sources, 5 reports
- 20 Oct 2026, 06:39 UTC: Altcoin Buzz — 6 independent sources, 7 reports
Affected entities
Also mentioned: United States, U.S. Securities and Exchange Commission, Binance
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Strive Buys 1,223 Bitcoin While Preparing a $630 Million Cash Raise | Independent | |
| Unchained Crypto media | Strive Lifts Bitcoin Holdings to 36,818 BTC Ahead of $700 Million SATS Settlement | Original | |
| Cointelegraph Crypto media | Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC | Independent | |
| Decrypt Crypto media | Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million | Independent | |
| CoinGape Crypto media | Strive Adds 1,223 Bitcoin To Its Treasury, Raising Total BTC Holdings to 36,818 | Independent | |
| Altcoin Buzz Crypto media | Strive Adds 1,223 Bitcoin, Lifting Treasury to 36,818 BTC | Independent | |
| Crypto News (CryptoNews.net) Aggregator | Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million | Syndicated |
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