Strive shares rise 8.41% as Bitcoin holdings reach 36,818 BTC

  • Strive acquired 10,463 BTC over four weeks, bringing its holdings to 36,818 BTC.
  • Strive shares rose 8.41% intraday to $26, while its latest reported purchase totaled 4,045 BTC.
  • Strive priced 7 million SATS preferred shares at $90 each, with settlement scheduled Oct. 20.

Strive shares rose 8.41% intraday to $26 as the company’s Bitcoin holdings reached 36,818 BTC on Oct. 16. It bought 10,463 BTC over four weeks: 1,107 BTC from Sept. 21 to 25 at an average of about $85,396; 2,000 BTC from Sept. 28 to Oct. 2 at about $84,422; 3,311 BTC from Oct. 5 to 9 at about $84,500; and 4,045 BTC from Oct. 12 to 16 at about $82,803. An earlier account reported the latest 4,045 BTC purchase at an average of about $81,734, so the reported average price differs. Strive has also priced 7 million shares of its 15% Series A Perpetual SATS Preferred Stock at $90 each, with settlement scheduled for Oct. 20, and raised about $369.2 million through traditional warrant exercises.

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