Strive Bitcoin Holdings Reach 36,818 BTC After $100 Million Purchase

Strive’s total Bitcoin reserves reached 36,818 BTC after CEO Matt Cole reported on Monday, October 19, that the firm had acquired another 1,223 BTC between the previous Wednesday and Friday. Strive spent roughly $100 million on the acquisition, securing the bitcoin at an average price of $81,734 each.

The disclosure marked Strive’s third major Bitcoin acquisition in an eight-day span. The company’s treasury now holds a market value exceeding $3 billion, and the proceeds from its SATS IPO are set to settle on Tuesday.

Last Wed-Fri, Strive acquired 1,223 BTC at an average cost of $81,734 per bitcoin, bringing holdings to ₿36,818.

– SATS IPO proceeds settle this Tuesday
– Strive plans to maintain current 18-month dividend reserve
– Traditional warrants are expired$ASST $SATA $SATS pic.twitter.com/FwzPfCJ5Tq

— Matt Cole (@ColeMacro) October 19, 2026

Strive’s Buying Run Began With 3,311 BTC

Prior to Monday’s update, the eight-day accumulation period kicked off with the purchase of 3,311 BTC, noted by CryptoPotato as Strive’s second-biggest individual Bitcoin buy. The following day, Cole revealed a separate acquisition of 2,822 BTC valued at $235 million.

The most recent addition of 1,223 BTC followed those two transactions. Combined, the three announced purchases brought in 7,356 BTC, accounting for approximately one-fifth of the organization’s current Bitcoin inventory.

Strive Bitcoin Holdings Are Worth About $3.02 Billion

Data from CoinGecko shows that Bitcoin was priced at $81,947 at 14:16 UTC on October 19, giving Strive’s 36,818 BTC a total market valuation of approximately $3.02 billion. This figure reflects the market worth of the assets rather than Strive’s cumulative acquisition costs.

This expanded position also amplifies the financial effect of market volatility on the company. A $1,000 shift in the price of BTC alters the overall value of Strive’s stack by roughly $36.8 million.

Strategy Adds Bitcoin Alongside Strive

Strive was not alone in corporate purchasing news on Monday. Michael Saylor’s Strategy acquired 267 BTC for $22.1 million between October 12 and 18, paying an average rate of $82,900 per coin.

That transaction elevated Strategy’s total stack to 848,517 BTC. The company financed the majority of the acquisition using roughly $22 million generated from MSTR stock sales, maintaining its accumulation schedule even though the purchase was smaller than Strive’s.

Both entities made their moves during a volatile market phase that saw Bitcoin briefly drop below $80,000 on October 15. These purchases maintained their ongoing corporate accumulation strategies through the dip, leaving Strategy with a significantly larger treasury overall.

October 20 Brings Strive’s Next Funding Milestone

During the same update, Cole noted that the SATS IPO funds were slated to settle on Tuesday, October 20. He additionally confirmed that Strive intends to keep its existing 18-month dividend reserve intact.

This settlement represents the next corporate milestone following the recent buying streak. It comes on the heels of the Wednesday-through-Friday acquisition, while the reserve policy maintains a dedicated payout commitment alongside the firm’s ongoing Bitcoin accumulation.

Investors will be monitoring the upcoming settlement and any future acquisition announcements. Cole’s stated objective is to maintain the reserve while managing a corporate Bitcoin portfolio valued north of $3 billion.

FAQ

What average price did Strive pay for its latest Bitcoin purchase?

Cole put the average acquisition price at $81,734 per BTC. Across 1,223 coins, the expenditure was approximately $100 million.

How much Bitcoin did Strive acquire across its three purchases announced in eight days?

The three purchases totaled 7,356 BTC. Subtracting those additions from its current holdings puts the treasury before that sequence at 29,462 BTC.

When are the SATS IPO proceeds scheduled to settle?

Cole identified Tuesday, October 20, as the scheduled settlement date. That is the day after his Monday announcement of a Bitcoin purchase completed the preceding Wednesday through Friday.

How many months of dividends does Strive plan to keep in reserve?

Strive plans to retain an 18-month dividend reserve, equivalent to a year and a half. Cole described this as maintaining the current reserve rather than announcing a change to it.

How large was Strategy’s Bitcoin treasury after its October 12–18 purchase?

Strategy held 848,517 BTC after adding 267 coins during that period. Its total Bitcoin holdings were roughly 23 times Strive’s 36,818 BTC.

This article is for information only and is not financial advice.