Strive Adds 1,375 Bitcoin as Preferred Stock Nears $1 Billion

Strive, the asset manager founded by Vivek Ramaswamy, added 1,375 Bitcoin last week in a purchase valued at $109 million, according to Decrypt. The latest acquisition marks the company’s third consecutive week of growth above 5%, highlighting the continued expansion of its Bitcoin holdings. The purchase also comes as Strive’s preferred stock moves toward the $1 billion mark. The report did not provide further details on the structure or timing of the preferred-stock milestone. The transaction adds to Strive’s exposure to Bitcoin while increasing the scale of its digital-asset position. Market participants tracking BTC may view the purchase as a notable corporate accumulation, although the supplied information does not indicate any change to Strive’s strategy or provide a forecast for Bitcoin’s price. Decrypt published the report on September 8, 2026.