Strive Asset Management, founded by Vivek Ramaswamy, has resumed purchasing Bitcoin through its SATA preferred stock after a two-month hiatus. According to the official Bitcoin Treasuries X account, the company acquired 223 BTC on Aug. 20 and an additional 183 BTC on Aug. 21, for a two-day total of approximately 406 BTC. This represents the first significant accumulation by Strive since late June. SATA is a preferred stock product that offers exposure to Bitcoin’s price movements while providing investors with a dividend-like yield. The resumption aligns with Strive’s strategy of using Bitcoin as a treasury reserve asset. The purchases occurred during a period of relative Bitcoin stability in August, which analysts say can signal long-term conviction among institutional investors. Corporate Bitcoin purchases have become a key driver of demand, adding to the trend seen with companies like MicroStrategy. While Strive’s acquisitions through SATA are structured and not direct treasury holdings, they allow indirect exposure for shareholders. This move underscores the growing acceptance of Bitcoin in traditional finance and may influence other asset managers to increase their crypto allocations.