Strive Acquires 3,311 Bitcoin in $280M Purchase, Boosting Treasury Holdings
Strive's latest Bitcoin acquisition marks its largest purchase since January, significantly expanding its corporate crypto holdings.
Strive's latest Bitcoin acquisition marks its largest purchase since January, significantly expanding its corporate crypto holdings. Bitcoin (BTC) is trading at $83,346.00, down 0.1% since this brief published. This is an original Token Times brief synthesising 4 outlets (Crypto Economy, Unchained, Cointelegraph, and others), plus live market data, as of Tue, 13 Oct 2026 17:00:01 UTC.
This substantial Bitcoin purchase highlights growing institutional interest in crypto as a long-term store of value, while also positioning Strive to potentially become one of the largest public Bitcoin holders.
- Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry ↗
- Strive Snags 3,311 Bitcoin in Largest Acquisition Since January ↗
- Strive Adds 3,311 Bitcoin to Treasury in $280 Million Purchase as Holdings Surge Past 32,700 ↗
- Strive reports $208M in warrant exercises as Bitcoin holdings jump 11% ↗
- Strive bought 3,311 BTC for $280M at ~$84,500 per coin.
- The purchase brings Strive's total Bitcoin holdings to 32,773 BTC.
- CEO Matt Cole exercised $208M in warrants ahead of deadline.
- Bitcoin price is up 1.07% in the last 24 hours.
Both Crypto Economy and Unchained confirm Strive's acquisition of 3,311 Bitcoin for approximately $280 million, with an average price of around $84,500 per coin including fees and expenses. They also agree that this move was facilitated by CEO Matt Cole's warrant exercises totaling $208 million. However, Unchained provides the additional detail about SATA preferred shares' $100 minimum sale price being made a binding charter rule, which Crypto Economy does not mention.
- Strive Increases Bitcoin Holdings to 32,773 BTC After $208M Purchase
- Strive Acquires 3,311 Bitcoin in $280M Purchase, Boosting Treasury Holdings — this brief
Strive has completed the acquisition of 3,311 
Bitcoin for approximately $280 million, according to filings and reports from Crypto Economy and Unchained. This purchase, executed at an average price of $84,500 per Bitcoin including fees and expenses, marks the company's largest acquisition since January.
The purchase brings Strive's total Bitcoin holdings to 32,773 BTC, positioning the company as one of the largest corporate holders of the cryptocurrency. The acquisition was made possible in part by CEO Matt Cole's exercise of $208 million in warrants ahead of Tuesday's 5 p.m. ET deadline, as reported by Unchained.
Unchained also notes that Strive has made its $100 minimum sale price for SATA preferred shares a binding charter rule, indicating a strategic focus on maintaining a strong financial position. This detail is not mentioned by Crypto Economy, which instead emphasizes the company's ambition to become the second-largest publicly traded Bitcoin holder.
The broader market context shows a total crypto market cap of $2.88 trillion, with Bitcoin currently priced at $83,446, representing a 24-hour increase of 1.07% and a 7-day decrease of 3.26%. The overall market sentiment, as indicated by the Fear & Greed Index, stands at 57, indicating 'Greed'.
This development underscores the continued institutional interest in Bitcoin as a long-term investment and store of value. As Strive expands its crypto treasury, it joins other major corporations in diversifying its asset base. The next key indicator to watch will be how this move influences Strive's position in the market and whether other companies follow suit in increasing their Bitcoin holdings.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $83,446.00 to $83,346.00 — -0.12%.
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.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.71M (about $83,346.00), up 1.1% 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.
Strive Acquires 3,311 Bitcoin in $280M Purchase, Boosting Tr — questions & answers
How much Bitcoin did Strive purchase?
Strive acquired 3,311 Bitcoin for approximately $280 million.
What was the average price per Bitcoin in Strive's purchase?
The average price was around $84,500 per Bitcoin, including fees and expenses.
What is Strive's total Bitcoin holdings after this purchase?
Strive now holds 32,773 Bitcoin.
How much is 1 Bitcoin worth in rupee today?
About ₹8.71M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,346.00. 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 0.12% since this brief first published — trading at $83,346.00 now versus $83,446.00 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 Crypto Economy, Unchained, Cointelegraph, CoinCodex, with the key figures cross-checked for agreement across them. 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.