{"id":249299,"date":"2026-11-09T14:26:32","date_gmt":"2026-11-09T14:26:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=249299"},"modified":"2026-11-09T14:26:32","modified_gmt":"2026-11-09T14:26:32","slug":"strive-asst-adds-29-bitcoin-for-2-2-million-as-weekly-buys-slow-after-crossing-43000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=249299","title":{"rendered":"Strive (ASST) Adds 29 Bitcoin for $2.2 Million as Weekly Buys Slow After Crossing 43,000"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strive (ASST) Adds 29 Bitcoin for $2.2 Million as Weekly Buys Slow After Crossing 43,000<\/a><\/p>\n

<\/div>\n

Strive bought another 29 bitcoin last week for about $2.2 million at an average of $75,721 per coin between Oct. 31 and Nov. 6, a Monday 8-K filing shows<\/a>, lifting total holdings to 43,153 BTC from 43,124 as of Oct. 30 and capping a month that had already pushed the Dallas treasury past 40,000 coins.<\/p>\n

Chairman and CEO Matthew Cole posted<\/a> the same figures on X: \u201cStrive acquired 29 $BTC for $2.2M at an average cost of $75,721 per bitcoin, bringing total holdings to \u20bf43,153.\u201d Strive\u2019s corporate account republished the note minutes later. The average price is inclusive of fees and expenses, the filing says.<\/p>\n

The buy is a sharp downshift from the pace Strive set through October. The prior week alone, from Oct. 24 through Oct. 30, Strive added<\/a> 124 bitcoin at about $80,526 a coin. Between Oct. 1 and Oct. 30 the company acquired 15,124 bitcoin in total, and Friday\u2019s third-quarter results<\/a> put year-to-date bitcoin yield \u2014 Strive\u2019s measure of the percentage change in bitcoin per share \u2014 at 63.2% through Sept. 30, with an 18.5% print for the third quarter alone.<\/p>\n

Holdings stood at 28,000 bitcoin on Sept. 30 before the October sprint. That climb followed multi-thousand-coin buys earlier this fall, including a 6,182-coin purchase<\/a> funded with preferred proceeds, and kept Strive among the largest public corporate stacks after Strategy.<\/p>\n

Cash, SATS and a thinner weekly add<\/h2>\n

Cash and cash equivalents fell to $487.6 million as of Nov. 6 from $490.4 million a week earlier, a $2.8 million drop that roughly covers the roughly $2.2 million bitcoin spend plus fees. Strive did not break out a separate funding line for this week\u2019s coins in the 8-K.<\/p>\n

The preferred stack kept moving. Shares of Strive\u2019s 15% Series A perpetual preferred (SATS<\/a>) rose by 33,141 to 7,036,559, a tally that includes shares sold through 4:00 p.m. Eastern that settle the next business day. SATA preferred stock was unchanged at 14,030,176. Effective common shares outstanding held flat at 127,331,109 after a Class A increase of 15,382 was offset by a matching Class B decline.<\/p>\n

Strive still holds 505,000 shares of Strategy\u2019s variable-rate STRC preferred, marked at a fair value of $50.4 million as of Nov. 6, up slightly from $50.1 million a week earlier. The company closed a registered offering of 7 million SATS shares on Oct. 20 for about $609 million in net proceeds and later lined up<\/a> a $1 billion SATS at-the-market program, tools that have funded the larger buys that built the stack and that still leave room to keep adding if the ATM finds buyers.<\/p>\n

At bitcoin near $74,650, the 43,153-coin treasury is worth roughly $3.22 billion on paper. That marks the stack about 1.4% under this week\u2019s $75,721 average purchase price, though Strive has not disclosed a companywide cost basis in Monday\u2019s filing the way Strategy does each week.<\/p>\n

Strategy\u2019s bigger Monday buy<\/h2>\n

The Strive update lands on the same Monday that Strategy disclosed<\/a> its own weekly purchase. Strategy added 1,036 bitcoin for $81.9 million at an average of $79,012, lifting its holdings to 850,364 BTC bought for $64.16 billion at an average cost of $75,456. The two filings keep the familiar pairing<\/a> in view: Strategy still dwarfs every other public corporate holder, while Strive has used preferred issuance to climb the treasury rankings with a faster bitcoin-per-share growth claim.<\/p>\n

ASST closed<\/a> Friday at $21.45, up from Thursday\u2019s $20.59 close and still well below its Oct. 21 local high near $30.75. The 52-week range runs from $7.02 to $34.40. At the time of writing, bitcoin is near $74,650, Bitcoin Magazine Pro<\/em> data shows. The test for Strive from here is whether another week of single-digit coin adds is a pause after October\u2019s sprint or the new run rate once the preferred ATM is the main fuel.<\/p>\n

This post Strive (ASST) Adds 29 Bitcoin for $2.2 Million as Weekly Buys Slow After Crossing 43,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strive (ASST) Adds 29 Bitcoin for $2.2 Million as Weekly Buys Slow After Crossing 43,000 Strive bought another 29 bitcoin last week for about $2.2 million at an average of $75,721 per coin between Oct. 31 and Nov. 6, a Monday 8-K filing shows, lifting total holdings to 43,153 BTC from 43,124 as […]<\/p>\n","protected":false},"author":0,"featured_media":249300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-249299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/249299"}],"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=249299"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/249299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/249300"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=249299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=249299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=249299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}