Strive Inc buys 1,355 bitcoin at $79,475 average price

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Strive Inc purchased 1,355 bitcoin at an average cost of $79,475 per coin
  • Total bitcoin holdings increased to 26,355 BTC as of September 18, 2026
  • Cash and cash equivalents rose by $25.4 million to $229.6 million
  • Effective common shares outstanding increased by 2.03 million to 97 million
  • Shares underlying traditional warrants declined by 785,555
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Strive Inc increased its bitcoin holdings by 1,355 coins during the week ending September 18, 2026. The company acquired the digital assets at an average price of approximately $79,475 per bitcoin, inclusive of fees and expenses.

This purchase brings Strive's total bitcoin position to 26,355 BTC. The acquisition occurred alongside a rise in the company's cash and cash equivalents, which stood at $229.6 million as of September 18, 2026, up from $204.2 million on September 11, 2026.

Portfolio and Capital Structure Updates

The company also reported minor changes in its equity and preferred stock positions over the same period. The fair value of its Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc (STRC Stock) decreased slightly by $65,000 to $49.748 million, while the share count remained constant at 505,000.

Metric As of Sep 11, 2026 As of Sep 18, 2026 Change
Cash and cash equivalents ($ thousands) $204,200 $229,600 $25,400
Fair value of STRC Stock ($ thousands) $49,813 $49,748 $(65)
Bitcoin held 25,000 26,355 1,355

Share capital dynamics showed an increase in effective common shares outstanding. Class A common stock shares rose by 2,073,760 to 87,804,613, while Class B common stock shares declined by 39,875 to 9,198,036. Consequently, effective common shares outstanding increased by 2,033,885 to 97,002,649.

Dilution and Warrant Activity

Assumed fully diluted shares outstanding rose by 2,005,622 to 100,144,713. This increase was driven primarily by the rise in Class A shares, partially offset by a reduction in outstanding options, which fell by 28,263 to 873,224. Unvested employee stock awards remained unchanged at 2,268,840.

Shares underlying traditional warrants decreased by 785,555 to 25,810,455. Conversely, SATA Stock (Variable Rate Series A Perpetual Preferred Stock) shares increased by 786,194 to 11,184,160.

What the Numbers Show

The simultaneous increase in cash reserves ($25.4 million) and bitcoin holdings suggests the company utilized existing liquidity or recent inflows to expand its crypto balance sheet without immediate external financing. The divergence between rising Class A shares and falling Class B shares indicates active secondary market activity or specific issuance events favoring Class A instruments during this period.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might Strive's continued accumulation of Bitcoin at ~$79k impact its liquidity buffer given the current cash position of $229.6 million?

What strategic implications does the divergence between rising Class A and falling Class B shares have for future corporate governance or voting power dynamics?

Could the increase in SATA Stock holdings signal a shift in capital strategy toward preferred equity instruments to fund further crypto acquisitions?

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Strive buys 469 Bitcoin at $77,954 average, holdings reach 25,000

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Strive bought 469 Bitcoin at an average price of $77,954
  • Purchase occurred between September 8 and September 11
  • Total Bitcoin holdings now stand at 25,000 coins
  • Disclosure made via SEC filing
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Strive purchased 469 Bitcoin at an average price of about $77,954 between September 8 and September 11. The acquisition brings the company's total Bitcoin holdings to 25,000 coins.

The purchase was disclosed in a filing with the US Securities and Exchange Commission (SEC). The transaction occurred over four trading days in early September.

Purchase Details

Metric Value
Bitcoin Purchased 469
Average Price $77,954
Purchase Period September 8 to September 11
Total Holdings 25,000 Bitcoin

The company did not disclose the total cash outflow for this specific batch or its overall cost basis for the entire portfolio. The filing confirms only the incremental addition to the balance sheet asset.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might Strive's continued accumulation of Bitcoin influence institutional adoption trends among other publicly traded companies?

What are the potential implications for Strive's balance sheet volatility given Bitcoin's historical price fluctuations?

Will Strive disclose its total cost basis for the 25,000 Bitcoin holdings in future SEC filings to provide clearer profit/loss visibility?

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