Strive Buys 1,355 Bitcoin for $107.7 Million, Expanding Holdings to 26,355 BTC

Strive expanded its corporate treasury to 26,355 Bitcoin after purchasing 1,355 BTC for roughly $107.7 million between September 14 and September 18. The company acquired the coins at an average cost of $79,475 each, funded through SATA preferred equity issuances and warrant exercises that yielded $21.2 million. The acquisition lifted Strive's Bitcoin reserve value to over $2.2 billion, maintaining its rank as the fifth-largest corporate holder. Concurrently, cash reserves rose to $229.6 million, and Bitcoin rallied past $85,000.