Strategy and Strive Announce $182.7 Million Bitcoin Buy as Price Surges Past $86,000
Bitcoin Magazine Strategy and Strive Announce $182.7 Million Bitcoin Buy as Price Surges Past $86,000 Bitcoin treasuries kicked off Monday with a bang, with Strategy and Strive announcing they scooping up a combined 2,305 BTC for $182.7 million. Strategy said in a filing that it last week bought 950 bitcoins for $75.7 million — its first buy since August — and Strive snapped up 1,355 BTC for $107.7 million. The announcement comes as the price of the biggest cryptocurrency surges.
Bitcoin’s price recently stood at $86,008, a 6% 24-hour rise, after hitting as high as $86,282 earlier on Monday. JUST IN: Public companies Strategy and Strive bought a combined 2,305 Bitcoin for $182.7 million.Strategy: 950 BTCStrive: 1,355 BTC pic.twitter.com/mE6UMolT7X— Bitcoin Magazine (@BitcoinMagazine) September 21, 2026 Strategy, the biggest corporate holder of bitcoin, also repurchased $174 million of its STRC perpetual preferred shares.
The company has hit pause on buying this year to buy back its stock and build a cash reserve. On some occasions, the company even sold small bits of its BTC stash — despite founder and chairman Michael Saylor famously preaching to “never sell your bitcoin.” After a 10-week hiatus, the company started buying bitcoin again in the final week of August, scooping up nearly $370 million in the leading cryptocurrency. Its bitcoin holdings now stand at 846,000...
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