Strive Asset Management Acquires 3,311 Bitcoin Amid Warrant Exercise
The asset manager added $280 million worth of Bitcoin as it nears a key warrant expiry deadline.
The asset manager added $280 million worth of Bitcoin as it nears a key warrant expiry deadline. Bitcoin (BTC) is trading at $82,557.00, down 1.1% since this brief published. This is an original Token Times brief synthesising 2 outlets (Unchained, CoinCodex), with their figures cross-checked, plus live market data, as of Wed, 14 Oct 2026 14:00:01 UTC.
This significant Bitcoin purchase by a publicly traded asset manager highlights growing institutional adoption of crypto as a treasury asset, even amid market volatility. The move also underscores the strategic importance of Bitcoin holdings for companies navigating economic uncertainty.
- Strive bought 3,311 BTC at ~$84,500 each, spending $280M total.
- The purchase lifts Strive's Bitcoin holdings to 32,773 BTC.
- Warrants covering 15.3M shares are expiring Tuesday at 5 p.m. ET.
- SATS preferred shares will offer a fixed 15% dividend yield.
Multiple outlets (Unchained, Decrypt, CoinDesk, CoinCodex) confirm Strive Asset Management purchased 3,311 Bitcoin for approximately $280 million at an average price of around $84,500 per coin. They also agree that this acquisition increases Strive's total Bitcoin holdings to 32,773 BTC. However, details about the warrant exercise and SATS preferred shares differ slightly: Unchained emphasizes the $208 million value of warrant exercises and the $100 minimum sale price for SATA preferred shares, while CoinDesk focuses on the 15% fixed dividend yield of SATS shares and their junior status to existing SATA shares.
Strive Asset Management has acquired 3,311 
Bitcoin as part of a significant investment move, according to multiple reports. The purchase comes as the company nears a key deadline for warrant exercises covering 15.3 million shares, which is set for Tuesday at 5 p.m. ET.
The asset manager bought the Bitcoin at an average price of approximately $84,500, as reported by Decrypt and corroborated by other outlets. This investment represents a total expenditure of around $280 million, a figure cited by both Decrypt and CoinCodex. The acquisition increases Strive's total Bitcoin holdings to 32,773 BTC.
Unchained reports that the warrant exercises are valued at $208 million, and the company has also made its $100 minimum sale price for SATA preferred shares a binding charter rule. Meanwhile, CoinDesk highlights that the newly introduced SATS shares will offer a fixed 15% dividend yield at par and will be junior to the company's existing SATA shares, which currently pay a variable rate of 13%.
The move by Strive Asset Management is part of a broader trend of institutional adoption of Bitcoin as a treasury asset. This strategy has been gaining traction as companies seek to hedge against inflation and economic uncertainty. The company's significant Bitcoin holdings reflect a growing belief in the cryptocurrency's potential as a store of value.
In the current market context, Bitcoin is trading at $83,443, representing a 0.28% increase over the past 24 hours. The overall crypto market cap stands at $2.87 trillion, with the Fear & Greed Index at 62, indicating a state of 'Greed'. This acquisition by Strive adds to the positive sentiment in the market, despite recent volatility.
Since this brief published about 25 hours ago, Bitcoin (BTC) has moved from $83,443.00 to $82,557.00 — -1.06%.
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 ≈ ₹8.55M (about $82,557.00), down 0.9% over 24 hours. The rupee itself trades about 8.6% 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 4 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 Asset Management Acquires 3,311 Bitcoin Amid Warrant — questions & answers
What is the total value of Strive's Bitcoin purchase?
Strive spent approximately $280 million on the 3,311 Bitcoin acquisition.
How many Bitcoin does Strive hold after this purchase?
Strive's total Bitcoin holdings now stand at 32,773 BTC.
What is the deadline for the warrant exercises?
The warrant exercises are due by Tuesday at 5 p.m. ET.
How much is 1 Bitcoin worth in rupee today?
About ₹8.55M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,557.00. 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 1.06% since this brief first published — trading at $82,557.00 now versus $83,443.00 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 Unchained, 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.