Strive Buys 3,311 Bitcoin for $280 Million in Its Largest Single Acquisition Since January

Vivek Ramaswamy-founded Strive, Inc. (NASDAQ: ASST) purchased 3,311 bitcoin between October 5 and October 9 for approximately $280 million, paying an average of roughly $84,500 per coin including fees and expenses, according to an 8-K filing with the Securities and Exchange Commission. The purchase brings Strive's total treasury to 32,773 BTC and is the company's largest single increase in holdings since January, when it acquired around 5,048 BTC through its all-stock merger with Semler Scientific.

The buy narrows the gap between Strive and MARA, another top public bitcoin holder, as CEO Matt Cole has stated a goal of ending 2026 as the world's second-largest public bitcoin holder. Strive remains approximately 11,227 BTC behind Metaplanet, meaning it would need to add roughly 990 BTC per week on average, assuming Metaplanet makes no additional purchases. The company has built its treasury through multiple channels since going public in September 2025, including initial PIPE proceeds, at-the-market programs, and follow-on offerings. The latest purchase coincides with warrants covering 15.3 million shares approaching expiry, a capital markets development flagged in Tuesday's disclosure.