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      Strive, Inc. Expands Bitcoin Holdings to 25,000 BTC with $36.6 Million Acquisition

      Strive, Inc., a Nasdaq-listed asset management firm co-founded by Vivek Ramaswamy, has acquired 469 Bitcoin for approximately $36.6 million, increasing its total holdings to 25,000 BTC. This acquisition, completed between September 8 and 11, 2026, was executed at an average price of $77,954 per coin, bringing the total value of Strive's Bitcoin treasury to around $1.95 billion.

      The funding for this purchase came entirely from the issuance of the company's Variable Rate Series A Perpetual Preferred Stock, trading under the ticker SATA. This approach allowed Strive to acquire Bitcoin without diluting common shares. Investors in SATA receive a variable annualized dividend of approximately 13%, paid out daily on business days, which has attracted significant demand, pushing the total notional value of outstanding SATA shares past $1.04 billion.

      Strive's rapid transition into a major Bitcoin holder follows its merger with Semler Scientific in January 2026, which added 5,048 BTC to its balance sheet. With its current holdings, Strive has become the fifth-largest public Bitcoin holder globally, trailing only a few established firms in the cryptocurrency space. The company's strategy highlights a growing trend among corporations to accumulate Bitcoin as a treasury asset, potentially reshaping investment dynamics in the cryptocurrency market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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