Strive CEO Fuels Speculation About Next Bitcoin Acquisition
Strive's Bitcoin acquisition strategy has sparked speculation after Chief Executive Officer Matt Cole posted a cryptic message on X. The company's treasury position, which includes SATA issuance, has been central to its capital-raising strategy.
The recent purchases have lifted Strive's Bitcoin holdings to 23,156 BTC, with the average purchase price of around $79,431 per Bitcoin. The company had acquired 1,800 BTC between August 24 and 28, and 1,110 BTC during the previous week.
BitcoinTreasuries.NET estimated that recent SATA financing could support a Strive Bitcoin buy exceeding 1,100 BTC. However, this estimate remains separate from an official Strive purchase disclosure, which would provide the next verifiable update on any additional Bitcoin amount.