Strive Surges Past $2 Billion in Bitcoin Holdings Amidst Aggressive Accumulation

Strive, Inc.'s aggressive Bitcoin accumulation campaign has paid off in a big way. Between September 21 and September 25, the company purchased 1,107 BTC at an average price of $85,396 per coin, totaling around $94.5 million.

This significant investment brings Strive's bitcoin holdings to 27,462 BTC, valued at approximately $2.3 billion based on current market rates. The firm now ranks fifth among public companies in terms of Bitcoin holdings.

Interestingly, the majority of Strive's funding for this acquisition came from its SATA perpetual preferred stock offerings, which contributed 85% to last week's capital raising efforts.

The company's CEO, Matt Cole, has hinted that Strive may surpass Twenty One's 43,514 BTC holdings by year-end. However, he emphasized that this target is not a guarantee.