CEO Matt Cole announced on X that the company he runs has purchased 6,182 BTC for over $511 million over the past week at an average price of $82,732 per unit.<\/p>\n
This was the company\u2019s single biggest bitcoin buy, which exceeds some of the previous major ones from a few weeks ago of 3,311 BTC and the roughly 2,500 BTC haul from May-June.<\/p>\n
Strive acquired 6,182 $BTC for $511.4M at an average cost of $82,732 per bitcoin, bringing total holdings to \u20bf43,000.<\/p>\n
\u2013 Cash and marketable securities increased by $187.7M to $554.6M.
\n\u2013 Established a $1B $SATS ATM program.<\/p>\n
$ASST $SATA $SATS https:\/\/t.co\/pKtqVmFobL<\/p>\n
\u2014 Matt Cole (@ColeMacro) October 26, 2026<\/a><\/p>\n\n After last week\u2019s more modest acquisition of 1,223 BTC, the company\u2019s total stash was valued<\/a> at over $3 billion. However, the asset\u2019s price stood slightly higher at the time, while the current battle for $80,000 means that the firm\u2019s USD equivalent has declined.<\/p>\n Although it has spent more than $511 million for its latest purchase, the USD value of its bitcoin fortune is worth just under $3.5 billion. However, the company\u2019s stash in terms of BTC has reached a new all-time high of 43,000 units.<\/p>\n The company also reported that its cash and marketable securities increased by almost $188 million to $554.6 million. This shows effective capital deployment from recent preferred stock raises while maintaining liquidity for dividends and operations.<\/p>\n Strive also initiated a $1 billion ATM program for SATS preferred stock, extending its debt-free model of issuing dividend-bearing securities like SATA and SATS to fund further bitcoin purchases.<\/p>\n The post Strive Makes Largest-Ever Bitcoin Purchase With 6,182 BTC Buy<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" CEO Matt Cole announced on X that the company he runs has purchased 6,182 BTC for over $511 million over the past week at an average price of $82,732 per unit. This was the company\u2019s single biggest bitcoin buy, which exceeds some of the previous major ones from a few weeks ago of 3,311 BTC […]<\/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-243808","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243808"}],"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=243808"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/243808\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=243808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=243808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=243808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}