Matt Cole, the Chairman and CEO of Strive, just announced that his firm has completed another BTC purchase over the past week, accumulating 1,355 units for $107.7 million. This means that the average cost was just inches below $79,500.<\/p>\n
Moreover, Strive\u2019s total holdings have grown to 26,355 BTC. The company has been on an impressive accumulation spree, announcing new purchases on Mondays in line with its strategy of buying bitcoin using non-dilutive preferred equity financing rather than traditional debt.<\/p>\n
Strive acquired 1,355 $BTC<\/a> for $107.7M at an average cost of $79,475 per bitcoin, bringing total holdings to \u20bf26,355.<\/p>\n Warrant exercises began last week, generating $21.2M in gross proceeds. Including those proceeds, 57.7% of total capital raised came from SATA.$ASST<\/a> $SATA<\/a> pic.twitter.com\/UfrI1mRw3f<\/a><\/p>\n \u2014 Matt Cole (@ColeMacro) September 21, 2026<\/a><\/p>\n\n This week\u2019s purchase is significantly bigger than last week\u2019s, when the firm splashed<\/a> $36.6 million to acquire 469 BTC. Moreover, it was also larger than Strategy\u2019s. Recall that the Saylor-spearheaded company returned to the bitcoin accumulation scene after a three-week hiatus, spending<\/a> $75.7 million to buy 950 BTC.<\/p>\n Given bitcoin\u2019s impressive resurgence today, as its price rocketed past $85,000 for the first time since January, Strive\u2019s total position value has grown to well over $2.2 billion.<\/p>\n It\u2019s worth noting that the cryptocurrency\u2019s price has risen by $10,000 in less than a week after it dipped to $75,000 following the failed<\/a> Senate vote on the CLARITY Act and the subsequent rate hike<\/a> by the Federal Reserve.<\/p>\n The post Strives Buys 1,355 BTC as Bitcoin\u2019s Price Crosses $85K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Matt Cole, the Chairman and CEO of Strive, just announced that his firm has completed another BTC purchase over the past week, accumulating 1,355 units for $107.7 million. This means that the average cost was just inches below $79,500. Moreover, Strive\u2019s total holdings have grown to 26,355 BTC. The company has been on an impressive […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-230281","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230281"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=230281"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230281\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=230281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=230281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=230281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}