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Corporate Bitcoin Net Purchases Rise 1,431.6% as Strive Adds 1,110 BTC

Corporate Bitcoin Net Purchases Rise 1,431.6% as Strive Adds 1,110 BTC

Strive’s 1,110-bitcoin buy lifted holdings 5.5% to 21,356 BTC at $73,409 on average, while bitcoin per fully diluted share rose only about 1.4% amid ASST and SATA issuance.

BTC

Fact Check
The Strive, Inc. Form 8-K dated August 24, 2026 filed with the SEC directly states the purchase of 1,110 bitcoin from August 17-21, 2026 at an average price of approximately $73,409 per bitcoin, plus 505,000 STRC shares at $48.571 million fair value and $171.9 million cash as of August 21, 2026. This matches every element of the claim, including the secondary detail about STRC preferred shares and cash. Matt Cole's X post from the Strive CEO and coverage in Bloomingbit and ChainCatcher corroborate the same figures with no conflicting numbers. One nuance: the 8-K describes STRC as 'STRC Stock' and the ChainCatcher report attributes it to Strategy's STRC preferred, which is consistent with the claim's framing.
Summary

Non-mining companies recorded a net weekly Bitcoin purchase of $81.48 million as of Aug. 24, 2026, up 1,431.6% from the prior week, led by Dallas-based Strive’s acquisition of 1,110 bitcoin between Aug. 17 and Aug. 21 for about $81.5 million at an average $73,409 including fees—its largest single-week purchase in months—lifting holdings roughly 5.5% from 20,246 to 21,356 BTC, worth around $1.7 billion. An SEC filing showed the buys were funded with at-the-market proceeds as Class A shares outstanding rose 3,646,300, or 4.8%, to 79,890,888 and SATA preferred shares increased 441,313, or 5.6%, to 8,270,815, so bitcoin per fully diluted share rose only about 1.4% despite the larger treasury; cash and equivalents ended the week at $171.9 million, up from $154.8 million. The move came as bitcoin rallied toward the high-$70,000s and as other large corporate holders remained in focus, including Strategy at 840,447 BTC and Metaplanet at 43,000 BTC after adding 2,823 BTC in the second quarter.

Terms & Concepts
  • Bitcoin treasury company: A public firm that makes accumulating and holding Bitcoin on its balance sheet a core corporate strategy, often funding purchases with equity or preferred stock.
  • At-the-market offering: A flexible share-sale program that lets a company issue stock gradually into the open market at prevailing prices to raise cash as needed.
  • Fully diluted share: A per-share measure that counts all common and preferred shares as if converted or outstanding, used here to track how much bitcoin corresponds to each share after new issuance.