Strive Adds 2,822 BTC for $235M Following Last Week’s 3,311 Bitcoin Purchase

36 mins ago

Managing Editor (News)

Expertise : Crypto, Stocks, Tokenization, AI, Prediction Markets, Crypto Regulation

Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

Read full bio

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Highlights

Strive acquired 2,822 BTC through yesterday after the purchase it made last week.
The Bitcoin treasury firm holds a total of 35,595 BTC.
The ASST stock is down in premarket trading today.

AD Trade Bitcoin, Ethereum and 500+ cryptocurrencies on Bitget - Trade Now

Bitcoin treasury firm Strive has made another Bitcoin purchase just a day after it announced last week’s purchase of 3,311 BTC. This comes as the company looks to climb higher among the top treasury firms, potentially claiming the second spot behind Strategy by year-end.

Strive Acquires 2,822 BTC For $235 Million

In an X post, the company’s CEO Matt Cole announced that they had acquired 2,822 BTC for $235 million through Tuesday. The firm now holds 35,595 BTC, currently ranking as the fourth-largest Bitcoin treasury company, behind only Strategy, Metaplanet, and Twenty One Capital.

This purchase comes just a day after Strive announced the 3,311 Bitcoin purchase it made last week, which raised its BTC holdings above 30,000 for the first time and saw the company surpass MARA Holdings to claim the fourth spot. This latest purchase comes as Bitcoin trades within a tight range after a significant rebound over the last two months.

Earlier this year, the Strive CEO declared their intention to significantly increase their BTC holdings by year-end and potentially claim the second spot, just behind Strategy. On Sunday, he also posted the company’s Bitcoin portfolio tracker, with the caption, “Think ₿igger.”

Think ₿igger. https://t.co/R1sYRDV7u6

— Matt Cole (@ColeMacro) October 11, 2026

Strategy has continued to extend its lead as the largest Bitcoin treasury firm, even as Strive, Metaplanet, and other treasury firms look to catch up. As CoinGape reported, Strategy acquired 250 BTC last week and now holds 848,250 BTC.

ASST Stock Down Amid Purchase

The Strive stock is down amid the announcement of the company’s latest Bitcoin purchase. ASST is currently trading at around $27, down over 2%, according to TradingView data. The stock is also down over the last five days.

However, the ASST stock remains one of the best-performing among the Bitcoin treasury firms in 2026. The stock is up over 81% year-to-date (YTD) and has surged over 118% over the last three months, rallying as BTC bounced from its lows around $60,000.

For more on stocks trading, check out Best Platforms to Trade Tokenized Stocks

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

BestChange

Instant Currency Exchange at BestChange with Ease

Compare Rates Across 1000+ Exchanges
Access 250+ Cryptocurrencies & Pairs
Save Time with Real-Time Price Tracking
Trusted & Verified Exchange Listings

TAGS
Bitcoin

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.