Strategy and Strive expand Bitcoin treasury holdings

  • Strategy and Strive acquired a combined 2,305 Bitcoin for $182.7 million.
  • Strive bought 1,355 BTC at roughly $79,475 each, raising its corporate treasury to 26,355 BTC.
  • Strive’s disclosed Bitcoin is held on its own balance sheet, excluding client and fund assets.

Strategy and Strive bought a combined 2,305 Bitcoin for $182.7 million as Bitcoin climbed to $86,008 after reaching an intraday high of $86,282. Strategy acquired 950 BTC for approximately $75.7 million, its first purchase since August according to the latest report, and repurchased $174 million of STRC perpetual preferred shares. Its holdings reached 846,000 BTC, valued at about $72.7 billion at current prices. Strive disclosed in a September 21 filing with the U.S. Securities and Exchange Commission that it bought 1,355 BTC at an average price of roughly $79,475, lifting its corporate treasury from 25,000 BTC to 26,355 BTC. Strive said these are its own balance-sheet assets, excluding Bitcoin held for clients, funds or managed products. The purchases came during a difficult year for Bitcoin treasury companies, several of which sold holdings to meet debt, operational or buyback needs.

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