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

Strive’s total Bitcoin reserves reached 36,818 BTC after CEO Matt Cole revealed 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 coins at an average price of $81,734 each.

The disclosure represented Strive’s third major Bitcoin acquisition in a span of eight days. Its corporate treasury now boasts a market valuation exceeding $3 billion, with funds from its SATS IPO on track 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 purchasing wave kicked off with an acquisition of 3,311 BTC, which CryptoPotato characterized as Strive’s second-biggest single purchase of the cryptocurrency. Just a day following that disclosure, Cole detailed another purchase of 2,822 BTC valued at $235 million.

These two initial additions were followed by the recent acquisition of 1,223 BTC. Combined, the three publicized transactions account for 7,356 BTC—representing about 20% of the company’s existing Bitcoin inventory.

Strive Bitcoin Holdings Are Worth About $3.02 Billion

Data from CoinGecko shows that Bitcoin traded at $81,947 at 14:16 UTC on October 19, placing the value of Strive’s 36,818 BTC at roughly $3.02 billion. This figure reflects the market value of the assets rather than the cumulative capital Strive deployed to amass them.

Having a larger position also magnifies the financial impact of market fluctuations on Bitcoin. Every $1,000 shift in the price of BTC alters the value of Strive’s portfolio by approximately $36.8 million.

Strategy Adds Bitcoin Alongside Strive

Strive was not the sole enterprise to announce a treasury expansion on Monday. Michael Saylor’s Strategy acquired 267 BTC for $22.1 million between October 12 and October 18, paying an average rate of $82,900 per coin.

That addition lifted Strategy’s total stack to 848,517 BTC. The company funded the bulk of this buy via roughly $22 million in MSTR stock sales, pushing forward with its accumulation strategy even though its latest purchase was smaller than Strive’s.

Both entities made their moves during a volatile period for the market, which saw Bitcoin briefly drop beneath $80,000 on October 15. These purchases maintained their ongoing accumulation efforts through the price dip, leaving Strategy with a significantly larger overall reserve.

October 20 Brings Strive’s Next Funding Milestone

During the same update, Cole noted that the proceeds from the SATS IPO were slated to settle on Tuesday, October 20. He also reiterated that Strive intends to preserve its ongoing 18-month dividend reserve.

This settlement marks the next corporate milestone following the recent buying streak. It comes on the heels of the Wednesday-through-Friday acquisition, while the reserve policy ensures that a dedicated dividend-funding buffer runs parallel to Strive’s Bitcoin accumulation strategy.

Moving forward, investors will be keeping a close eye on the upcoming settlement and any future announcements regarding acquisitions. Cole’s stated objective is to safeguard the reserve while managing a corporate Bitcoin portfolio now valued in excess of $3 billion.

?FAQ

01What 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.

02How 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.

03When 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.

04How 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.

05How 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.