Strive bought another 1,223 Bitcoin over two days, bringing its reported holdings to 36,818 BTC in a new SEC filing. Strive’s Bitcoin buying spree continued through mid-October. In a filing dated Monday, the company disclosed the purchase of 1,223 BTC between October 14 and October 16, bringing its total reported holdings to 36,818 coins. The latest purchase cost roughly $100 million at an average price of about $81,734 per Bitcoin, according to the company’s figures. It followed an earlier acquisition of 2,822 BTC in the same week, showing how aggressively the corporate treasury strategy has accelerated. The size of the holding makes Strive one of the largest publicly traded Bitcoin owners. That creates an unusual relationship between the company’s shares, its balance sheet and the price of Bitcoin: investors are evaluating not only the coins it holds, but also how management finances future purchases. Preferred shares, equity issuance and other capital-market tools are increasingly central to the treasury-company model. They can give firms more ways to acquire Bitcoin, but also raise questions about funding costs, dilution and the risk of buying into volatile markets. Strive’s announcement does not tell us where Bitcoin prices go next. It does, however, give a clear snapshot of one company’s conviction and the growing scale of its exposure. The key metric for shareholders will be whether that accumulation creates value per share, not just a larger total Bitcoin balance. Written by the News Desk and edited by Samuel Rae.
Frequently Asked Questions
FAQs Strive Adds 1223 Bitcoin Bringing Its Corporate Treasury to 36818 BTC
1 What happened with Strive and Bitcoin
Strive an asset management firm bought 1223 more Bitcoin bringing its total corporate treasury to 36818 BTC
2 What does corporate treasury mean here
It means Bitcoin that Strive holds on its own balance sheet as a company assetnot on behalf of clients
3 How much is 36818 BTC worth
It depends on Bitcoins price At 100000 per BTC thats about 368 billion Multiply the current BTC price by 36818 to get the latest figure
4 Why would a company hold Bitcoin instead of cash
Companies do it to hedge against inflation and bet on Bitcoins longterm appreciation The tradeoff is volatilitythe value can swing sharply
5 Is Strive following MicroStrategys playbook
Yes broadly Like MicroStrategy Strive is using Bitcoin as a primary treasury reserve asseta strategy popularized in 2020
6 Where does Strive get the money to buy Bitcoin
Companies typically fund purchases with cash reserves operating profits debt or equity sales Check Strives official filings for the specifics of this purchase
7 Does holding Bitcoin make Strive a Bitcoin company
Not necessarily Strives core business is asset management Bitcoin is a treasury asset But a large BTC position can make its stock trade partly as a Bitcoin proxy
8 How does this affect Strives shareholders
It gives them indirect Bitcoin exposure through the stock but also adds volatility and risk to the share price
9 What are the main risks of a big Bitcoin treasury
Price volatility accounting rules that can create paper losses liquidity concerns if Bitcoin must be sold quickly and regulatory or custody risks
10 What does 1223 BTC mean in dollar terms
Multiply 1223 by Bitcoins price at the time of purchase At 100000 thats about 122 million
11 Is 36818 BTC a lot compared to other companies
Yesit would rank among the largest corporate Bitcoin holdings though well behind MicroStrategys hundreds of thousands of BTC