Strives Buys 1,355 BTC as Bitcoin’s Price Crosses $85K

Matt Cole, the Chairman and CEO of Strive, just announced that his firm has completed another BTC purchase over the past week, accumulating 1,355 units for $107.7 million. This means that the average cost was just inches below $79,500.

Moreover, Strive’s total holdings have grown to 26,355 BTC. The company has been on an impressive accumulation spree, announcing new purchases on Mondays in line with its strategy of buying bitcoin using non-dilutive preferred equity financing rather than traditional debt.

Strive acquired 1,355 $BTC for $107.7M at an average cost of $79,475 per bitcoin, bringing total holdings to ₿26,355. Warrant exercises began last week, generating $21.2M in gross proceeds.

Including those proceeds, 57.7% of total capital raised came from SATA.$ASST $SATA pic.twitter.com/UfrI1mRw3f — Matt Cole (@ColeMacro) September 21, 2026 This week’s purchase is significantly bigger than last week’s, when the firm splashed $36.6 million to acquire 469 BTC.