Strategy Buys 811 Bitcoin as Strive Adds Another 124 BTC
Strategy disclosed an 811-BTC purchase for $65.5 million, while Strive added 124 BTC for about $10 million in separate weekly treasury updates.
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Strive’s latest $100 million Bitcoin purchase completes a 4,045 BTC buying week, while its $630 million SATS preferred offering is scheduled to settle October 20.
Strive’s proposed SATS offering would carry a fixed 15% dividend rate and an 18-month payout reserve, with Bitcoin among the planned uses.
Strive, co-founded by Vivek Ramaswamy, added 3,311 BTC for about $280 million, lifting holdings to 32,773 BTC as cash reserves and its share count increased.
Funded entirely through its SATA perpetual preferred stock, the purchase highlights Strive's aggressive accumulation strategy alongside a rising market capitalization.