Strive Acquires 1,223 Bitcoin as It Plans $630M Fundraise
Strive has added 1,223 BTC to its treasury and is preparing a significant capital raise through preferred stock.
Strive has added 1,223 BTC to its treasury and is preparing a significant capital raise through preferred stock. Bitcoin (BTC) is trading at ₹78,01,070 ($81,957.00). This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Mon, 19 Oct 2026 23:15:01 UTC.
Strive's continued accumulation of Bitcoin highlights growing institutional adoption, while the planned $630M raise could provide substantial liquidity for further investments or operations.
- Strive bought 1,223 BTC for ~$100M at ~$81,734 per coin.
- The company's Bitcoin holdings now total 36,818 BTC, worth ~$3B.
- Strive is raising $630M through a 15% preferred stock offering.
- Bitcoin's price remains steady at $82,000 amid broader market stability.
- Strive Plans $630M Upsized Sale of 15% Fixed-Rate Preferred Stock
- Strive Acquires 1,223 Bitcoin as It Plans $630M Fundraise — this brief
Strive, a Nasdaq-listed company, has significantly increased its 
Bitcoin holdings by purchasing 1,223 BTC for approximately $100 million between October 14 and 16. This acquisition brings the company's total Bitcoin holdings to 36,818 BTC, valued at roughly $3 billion.
In addition to the Bitcoin purchase, Strive is preparing to raise $630 million through the sale of 15% preferred stock. This fundraising effort follows a recent influx of $369 million from warrant holders exercising their options, as reported by Decrypt.
The acquisition of such a large amount of Bitcoin underscores the growing trend of institutional adoption of cryptocurrencies. Strive's strategic move to increase its Bitcoin holdings suggests confidence in the long-term value of the digital asset.
The broader cryptocurrency market remains relatively stable, with the total market cap at $2.81 trillion. Bitcoin itself is trading at $82,000, showing a modest 0.58% increase over the past 24 hours. The Fear & Greed Index stands at 59, indicating a 'Greed' sentiment among investors.
Looking ahead, the successful completion of Strive's $630 million capital raise could provide the company with significant liquidity to further expand its Bitcoin holdings or invest in other strategic initiatives. Investors will be watching closely to see how Strive deploys these new funds.
Since this brief published about 7 hours ago, Bitcoin (BTC) has moved from ₹78,05,163.03$82,000.00 to ₹78,01,070.08$81,957.00 — -0.05%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $87,500 in October?
Crowd-implied probability on Polymarket, ₹7.86M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 19 22:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.51M (about $81,957.00), up 0.3% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Strive Acquires 1,223 Bitcoin as It Plans $630M Fundraise — questions & answers
How much Bitcoin did Strive buy?
Strive purchased 1,223 BTC for approximately $100 million at an average price of $81,734 per coin.
What is Strive's total Bitcoin holdings after the purchase?
Strive now holds 36,818 BTC, valued at roughly $3 billion.
How much is Strive planning to raise through the stock offering?
Strive is planning to raise $630 million through the sale of 15% preferred stock.
How much is 1 Bitcoin worth in rupee today?
About ₹8.51M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,957.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.05% since this brief first published — trading at ₹78,01,070 ($81,957.00) now versus ₹78,05,163 ($82,000.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.