Strive, Inc. bought 1,375 Bitcoin for approximately $109 million, according to a company filing dated September 8, 2026. This Strive Bitcoin purchase pushed the firm’s total holdings to 24,531 BTC.
Strive is a company that holds Bitcoin on its balance sheet as a treasury asset. In plain terms, it uses corporate money to buy and keep Bitcoin, much like some firms hold cash or gold. For related coverage, see Strive Buys 759 BTC for $50M in Corporate Bitcoin Bet.
The company reported the buy in a Form 8-K filed with the U.S. Securities and Exchange Commission, Strive’s September 8, 2026 disclosure. It said the purchases happened from August 31 through September 4, 2026. For related coverage, see Strive Buys 1,375 Bitcoin as Dividend Costs Rise.
Strive has been a steady buyer this year. It earlier added 2,500 BTC to reach 19,000 BTC, and it has continued stacking coins since. For related coverage, see FBI Traces Bitcoin to Alleged Florida Darknet Opioid Ring.
The holdings rose from 23,156 BTC on August 28 to 24,531 BTC on September 4, 2026, per the filing.
Purchase figures imply an average of about $79,273 per Bitcoin
The filing put the latest purchase average at approximately $79,281 per bitcoin, including fees and expenses. That figure covers only this batch of coins, not the whole treasury’s cost.
Divide the roughly $109 million total by 1,375 coins and you get about $79,273 per Bitcoin. That is very close to the company’s own stated average, which is a useful sanity check.
Treat this per-coin math as a derived estimate. It is not a confirmed execution price, and the reported total was described as approximate. For context, Bitcoin traded near $79,157 at research time, though that is not the price Strive paid.
How did Strive fund the buy? Chief Executive Matt Cole said the money came mostly from a preferred-share program. This continues a pattern seen when the SATA yield was raised to 12.75% as Strive added Bitcoin.
Strive acquired an additional 1,375 BTC for $109M at an average cost of $79,281 per bitcoin, bringing total holdings to ₿24,531.
70% of the capital raised last week came from $SATA, which now has $999M notional outstanding.
Time to break the billion-dollar wall.$ASST $SATA pic.twitter.com/qjjykekHTk
— Matt Cole (@ColeMacro) September 8, 2026
Source: @ColeMacro on X
Cole said 70% of the capital raised the prior week came from SATA, the firm’s Variable Rate Series A Perpetual Preferred Stock. That share is a management statement, not a figure independently proven by the filing.
The filing shows the supporting numbers. SATA preferred shares rose by 921,511, from 9,073,914 to 9,995,425. Cash and cash equivalents grew from $183,500 thousand to $202,600 thousand, a $19,100 thousand increase.
Effective common shares, defined as Class A plus Class B stock, rose from 93,262,570 to 94,934,558. Assumed fully diluted shares increased to 98,148,551, a measure that excludes 26,596,010 shares tied to traditional warrants.
Strive also held 505,000 STRC shares at both dates, with fair value edging up to $49,364 thousand. On Nasdaq, ASST trades as Class A common stock and SATA as the perpetual preferred stock.
A closer look at Bitcoin per share
Here is one figure the disclosure lets us calculate. Gross Bitcoin per 1,000 effective common shares rose from about 0.2483 to 0.2584, a gain of roughly 4.07%, even as the share count grew.
This is an editorial calculation of raw holdings exposure. It is not net asset value or a claim on redeemable Bitcoin. It ignores preferred claims, other assets, liabilities, and potential warrant dilution.
The point for a newcomer is simple. Total company Bitcoin and Bitcoin backing each share are two different things, and both can move in the same period.
What remains unconfirmed about Strive’s Bitcoin purchase
The disclosure is clear on quantity, holdings, and financing changes. It does not separately state one exact aggregate purchase expense, so the $109 million figure, reported by crypto.news and cited by Cole, is best read as approximate.
Do not confuse the 1,375-coin buy with the 24,531-coin treasury. The first is one week’s purchase; the second is the running total after it.
The filing also does not list custody wallet addresses or a full historical cost basis for the entire treasury. Those details sit outside this disclosure.
For a regular crypto holder, the takeaway is modest. A public company buying Bitcoin is a corporate treasury decision, not SEC approval of Bitcoin and not investment advice. If you follow these buys, read the original filing rather than the headline figure, since the fine print explains how the coins were paid for.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
