
{"id":233057,"date":"2026-09-28T12:23:16","date_gmt":"2026-09-28T12:23:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=233057"},"modified":"2026-09-28T12:23:16","modified_gmt":"2026-09-28T12:23:16","slug":"strive-loads-up-on-another-1100-bitcoin-as-total-holdings-approach-27500","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=233057","title":{"rendered":"Strive Loads Up on Another 1,100 Bitcoin as Total Holdings Approach 27,500"},"content":{"rendered":"<p>CEO Matt Cole announced minutes ago that his company has spent another $94.5 million to scoop up 1,107 BTC at an average price of $85,400. Its total holdings have jumped to 27,462 units.<\/p>\n<p>Data from tracking websites such as Newhedge show that the average acquisition price of Strive\u2019s entire stash stands at around $80,862. Given the cryptocurrency\u2019s current price of $83,300, this means that the bitcoin fortune is valued at around $2.3 billion as of now, and the position is slightly in the green.<\/p>\n<p>Strive acquired 1,107 <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> for $94.5M at an average cost of $85,396 per bitcoin, bringing total holdings to \u20bf27,462.<\/p>\n<p>Warrant exercises generated another $12.4M. Including those proceeds, 85% of total capital raised came from SATA.<a href=\"https:\/\/x.com\/search?q=%24ASST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ASST<\/a> <a href=\"https:\/\/x.com\/search?q=%24SATA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SATA<\/a> <a href=\"https:\/\/t.co\/duihTtFKrm\">pic.twitter.com\/duihTtFKrm<\/a><\/p>\n<p>\u2014 Matt Cole (@ColeMacro) <a href=\"https:\/\/x.com\/ColeMacro\/status\/2104541893300568088?ref_src=twsrc%5Etfw\">September 28, 2026<\/a><\/p>\n\n<p>Strive <a href=\"https:\/\/cryptopotato.com\/strives-buys-1355-btc-as-bitcoins-price-crosses-85k\/\">continues<\/a> with its consecutive weekly BTC purchases, as we were able to track at least nine in a row. The firm has <a href=\"https:\/\/cryptopotato.com\/strategy-stays-on-the-sidelines-again-but-strive-buys-more-bitcoin\/\">announced <\/a>new acquisitions even during weeks in which Strategy has stood on the sidelines or was selling.<\/p>\n<p>The firm has been stacking portions of the leading cryptocurrency via its own Variable Rate Series A Perpetual Preferred Stock called SATA. It\u2019s a publicly traded preferred equity investment designed as a digital credit product that raises capital to buy BTC while paying investors a high, relatively stable yield.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/strive-loads-up-on-another-1100-bitcoin-as-total-holdings-approach-27500\/\">Strive Loads Up on Another 1,100 Bitcoin as Total Holdings Approach 27,500<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>CEO Matt Cole announced minutes ago that his company has spent another $94.5 million to scoop up 1,107 BTC at an average price of $85,400. Its total holdings have jumped to 27,462 units. Data from tracking websites such as Newhedge show that the average acquisition price of Strive\u2019s entire stash stands at around $80,862. Given [&hellip;]<\/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-233057","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/233057"}],"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=233057"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/233057\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=233057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=233057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=233057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}