Strive has purchased 3,311 Bitcoin for roughly $280 million, accelerating its cryptocurrency accumulation and bringing its total holdings to 32,773 BTC. The Nasdaq-listed asset manager, which trades under the ticker ASST, bought the coins between October 5 and October 9 at an average price of about $84,500 per Bitcoin, including fees, according to Decrypt.
Strive expands its Bitcoin treasury
The latest transaction is Strive’s largest Bitcoin purchase since January. It increased the company’s holdings from 29,462 BTC a week earlier to 32,773 BTC, with the full position valued at approximately $2.73 billion at the prices cited in the report.
The purchase follows two other sizeable additions. Strive bought about $169 million of Bitcoin earlier in October, after acquiring approximately $94.5 million worth in late September. Together, the transactions show a sharp increase in the pace at which the company has been building its digital-asset treasury.
The most recent purchase was made during a period of weakness for Bitcoin. Strive’s average acquisition price of about $84,500 was below the cryptocurrency’s recent highs near $87,000, according to the source material.
A growing public-company treasury strategy
Strive is one of a group of publicly traded companies that raise capital and use it to accumulate cryptocurrencies. The approach can give investors exposure to the underlying digital asset through shares in the company, while also making the company’s financial results and market valuation closely connected to crypto prices.
The model was pioneered by Strategy, led by Michael Saylor. Strive has pursued the strategy aggressively since going public through its merger with Asset Entities. It also recently completed a merger with Semler Scientific, a move described as helping expand its balance sheet.
Bitcoin is not Strive’s only significant financial holding. The company owns approximately 505,000 shares of Strategy’s STRC preferred stock, valued at close to $50 million, as well as roughly $310 million in cash.
Treasury activity spreads across crypto markets
Strive’s purchase comes during a period of broader activity among companies using corporate treasuries to acquire digital assets. Strategy recently bought $21.5 million of Bitcoin while repurchasing preferred stock. Solana-focused treasury company DeFi Development Corp. continued accumulating SOL, while Bitmine kept adding Ethereum.
Bitmine chairman Tom Lee has said the company is nearing the end of that buying program and will stop accumulating once its holdings reach 5% of Ethereum’s total supply.
Moneyiar market picture
Moneyiar data at 20:39 on October 13, 2026, put Bitcoin at $83,172.89, up 0.23% over 24 hours but down 2.89% over seven days. The data also showed Monad at $0.02446, down 2.08% in 24 hours and 14.85% over seven days, and Decentraland at $0.09389, down 0.41% and 8.03%, respectively.
Strive’s strategy leaves its fortunes heavily exposed to Bitcoin’s price movements. A recovery could increase the value of its holdings, while a decline would reduce it. The approach has also drawn scrutiny because the valuation premiums of treasury companies can depend on their ability to continue accumulating assets.
