Strive bought 1,800 Bitcoin at an average price of $79,431 each between Aug. 24 and Aug. 28, spending about $143 million including fees and related costs. The purchase increased its holdings from 21,356 to 23,156 Bitcoin, worth about $1.8 billion, making Strive the fifth-largest Bitcoin holder among public companies, behind Strategy, Twenty One Capital, Metaplanet and MARA Holdings, and ahead of digital-asset exchange Bullish. CEO Matt Cole confirmed the purchases on X on Aug. 31. Strive accumulated nearly 3,000 Bitcoin in 15 days, funded mainly through stock sales. Its ASST common shares rose from about 79.9 million to 83.5 million, while SATA preferred shares also increased. The two programs are expected to raise about $154.6 million, with roughly $143 million allocated to Bitcoin purchases. SATA currently pays a 13% annual dividend on each business day. Strive said it has repaid outstanding debt, has no margin requirements and has not pledged its Bitcoin as collateral. ASST shares rose more than 5% on Monday and nearly doubled during August. Equity-funded Bitcoin purchases can dilute existing shareholders, while a decline in Bitcoin prices could create additional risk.