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    Home»Crypto News»Bitcoin»Strives Acquires 1,355 BTC as Bitcoin Surpasses $85,000 Mark
    Strives Buys 1,355 BTC as Bitcoin's Price Crosses $85K
    Bitcoin

    Strives Acquires 1,355 BTC as Bitcoin Surpasses $85,000 Mark

    September 21, 20262 Mins Read
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    binance

    Sure! Here’s the content rewritten while preserving the HTML tags:

    Strive has recently been active in acquiring BTC consistently.

    In a recent announcement, Matt Cole, the Chairman and CEO of Strive, revealed that the company purchased an additional 1,355 BTC in the past week, spending $107.7 million. This purchase reflects an average price of just under $79,500 per bitcoin.

    With this acquisition, Strive’s total bitcoin holdings have increased to 26,355 BTC. The company has adopted a strategy of accumulating bitcoin on a weekly basis, making announcements each Monday and utilizing non-dilutive preferred equity financing instead of traditional debt for funding.

    binance

    Strive acquired 1,355 $BTC for $107.7M at an average cost of $79,475 per bitcoin, bringing total holdings to ₿26,355.

    Warrant exercises began last week, generating $21.2M in gross proceeds. Including those proceeds, 57.7% of total capital raised came from SATA.$ASST $SATA pic.twitter.com/UfrI1mRw3f

    — Matt Cole (@ColeMacro) September 21, 2026

    This week’s acquisition is notably larger than last week’s, which involved an investment of $36.6 million for 469 BTC. Additionally, it surpasses the recent strategy of another prominent entity, which made a return to bitcoin accumulation after a three-week pause, spending $75.7 million for 950 BTC.

    With bitcoin’s impressive rise today, surpassing $85,000 for the first time since January, Strive’s total position value has climbed to over $2.2 billion.

    Notably, the price of the cryptocurrency has increased by $10,000 in under a week after briefly falling to $75,000 following a failed Senate vote on the CLARITY Act and the subsequent interest rate hike by the Federal Reserve.

    Let me know if you need any further adjustments!

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