Strive CEO Says a 700 Million Dollar Warrant Move Could Push It to Second Place Among Public Bitcoin Holders

BitcoinWorld Strive CEO Says a 700 Million Dollar Warrant Move Could Push It to Second Place Among Public Bitcoin Holders Matt Cole, the CEO of Strive Inc, a bitcoin treasury company listed on Nasdaq under the ticker ASST, said the company could potentially end 2026 as the second largest public corporate holder of Bitcoin, but only if certain outstanding warrants get exercised and the company also uses more of what he calls digital credit capacity.

Speaking on the One Share podcast on Wednesday, Cole said He does not think it is out of the realm of possibility for Strive to end the year as the number two largest Bitcoin holder.

He was quick to add that this is not his main expectation, and that some things would need to go right for that to actually happen. This comment comes right after a month where Strive was buying Bitcoin at a faster pace than usual. The company bought 3,156 BTC in August alone.

According to a filing made on 31 August, the most recent weekly purchase was 1,800 BTC bought between 24 and 28 August, at an average price of 79,431 dollars per coin including fees, adding up to about 143 million dollars.