Strive Acquires 3,311 Bitcoin, Expanding Corporate Treasury Holdings to 32,773 BTC

Nasdaq-listed asset manager Strive expanded its corporate treasury holdings to 32,773 Bitcoin after purchasing 3,311 BTC over the past week. The addition marks an 11.2% increase from its previous balance of 29,462 BTC reported on October 2, which followed a 2,000 BTC purchase at an average cost of $84,422 per coin. Alongside the acquisition, CEO Matt Cole announced that investors exercised roughly $208 million in warrants ahead of an October 13 deadline, leaving approximately 15.3 million warrants outstanding. Strive also established a legally binding $100 minimum issuance price for its SATA preferred shares.