Strive Completes Its Third-Largest Bitcoin Purchase, Adding 2,000 BTC

By CryptoPotato | Created at 2026-10-05 12:45:53 | Updated at 2026-10-06 17:03:45 1 day ago

It was also the second-biggest completed this year.

Strive CEO Matt Cole just announced that the company spent $169 million to acquire 2,000 BTC last week at an average price of $84,422.

This brings its total holdings to 29,462 units, accumulated at an average price of somewhere between $90,400 and $90,700.

Strive acquired 2,000 $BTC for $169M at an average cost of $84,422 per bitcoin, bringing total holdings to ₿29,462.

61.5% of capital raised came from SATA, with warrants generating $56.7M.

Today’s 8-K also highlights key metrics and KPIs through 3Q26.

$ASST $SATA https://t.co/HS4ADPQ8mJ

— Matt Cole (@ColeMacro) October 5, 2026

This rather impressive weekly purchase, significantly larger than the one from the previous week, is actually the third-largest in the company’s history according to on-chain data.

The single biggest was actually not a direct buy, but came from the merger with Semler Scientific, in which 5,816-5,817 BTC (worth $675 million) were involved. Then came the 2026 record of 2,500 BTC, accumulated for $185.2 million in late May and early June.

Thus, the company has ramped up its accumulation spree at times when the largest corporate holder of bitcoin has slowed down. Although Strategy has extended its consecutive weekly purchase streak to three now, its actual buy was a lot lower than Strive’s at just 334 BTC.

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Jordan Lyanchev

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.

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