Strive Buys 1,355 More Bitcoin for $107.7 Million, Lifting Holdings to 26,355 BTC
Strive, the bitcoin treasury company backed by Vivek Ramaswamy, has disclosed its latest and largest weekly purchase in months: 1,355 BTC acquired for roughly $107.7 million, pushing total holdings to 26,355 BTC. Here is how the latest chapter of Strive’s accumulation push unfolded, based on the company’s own disclosures and market data.
September 16: The 25,000 BTC milestone
Just five days before this latest purchase, coin680 reported that Strive crossed the 25,000 BTC milestone after adding 469 more bitcoin for $36.6 million. That week’s purchase was comparatively modest, continuing a steady accumulation pace that had built the company into the fifth-largest publicly listed bitcoin holder.
September 14–18: The buying window
According to Strive’s September 21 SEC filing, the company acquired the new 1,355 BTC between September 14 and September 18 at an average price of approximately $79,475 per coin. That per-coin cost is roughly in line with the broader market’s trading range for the period, suggesting the purchase was executed steadily rather than opportunistically timed around a single dip.
September 21: The disclosure
Strive filed its 8-K with the SEC disclosing the acquisition, lifting total holdings from 25,000 BTC to 26,355 BTC. The jump represents nearly triple the size of the purchase disclosed just five days earlier, marking a clear acceleration in the pace of accumulation rather than a continuation of the prior week’s more modest pace. Strive chairman and CEO Matt Cole confirmed the exact figures directly:
What the pace increase signals
Strive has stated a goal of becoming the second-largest publicly listed corporate holder of bitcoin by the end of 2026, a target that currently sits behind Strategy and ahead of a cluster of competitors including Twenty One, Metaplanet, and MARA Holdings, the last of which holds roughly 35,577 BTC. Reaching second place by year-end would require Strive to average well over 1,200 BTC in purchases per week for the remainder of the year — a pace this week’s 1,355 BTC buy comfortably exceeds, even if it cannot yet be assumed as the new baseline. Strive has now moved past 26,000 BTC in a matter of months since its formation through the merger of Ramaswamy’s asset management firm with the formerly listed shell company Asset Entities, a rapid climb that has drawn comparisons to Strategy’s own early accumulation curve.
What remains uncertain
Corporate bitcoin treasury strategies carry balance-sheet risk that cuts both ways: paper gains when the price rises, and paper losses that can weigh on the stock when it falls, as Strive itself experienced earlier in the year during a market downturn. Whether the company can sustain a pace above 1,200 BTC per week — funded through a mix of capital raises and cash — remains the open question heading into the final quarter of 2026.
Corporate bitcoin holdings are subject to significant price volatility and this article does not constitute financial advice. Readers wanting to understand the mechanics behind institutional accumulation can explore more in coin680’s Bitcoin Academy.