Key Takeaways
- • Strive acquired 6,182 Bitcoin at an average price of $82,732 per coin, spending $511.4 million, according to the primary source.
- • The purchase lifts Strive's total Bitcoin holdings to 43,000 BTC and marks its largest single Bitcoin purchase since it began holding the asset.
- • The buy narrows Strive's gap with crypto treasury peers Twenty One Capital and Metaplanet.
- • Strive's cash and equivalents also rose significantly, supporting its continued crypto treasury expansion.
Summary
Strive bought 6,182 Bitcoin at an average price of $82,732 per coin, spending $511.4 million, bringing its total holdings to 43,000 BTC, according to the Pluang report. The company described the transaction as its largest Bitcoin purchase since it began holding the asset.
The acquisition narrows Strive's gap with competitors Twenty One Capital and Metaplanet, both of which have built sizable Bitcoin treasuries. The source notes that Strive's cash and equivalents also increased significantly, which supports the company's aggressive crypto investment strategy.
The move reflects Strive's stated commitment to expanding its crypto treasury despite uncertain market conditions. The report does not detail the funding structure for the purchase or the company's stated long-term allocation targets.
For market context, Pluang's snapshot as of October 26, 2026 at 19:21 WIB showed 26 of 50 major cryptocurrencies rising and 23 falling. Bitcoin Cash (BCH) traded at Rp5,037,477 with a 2.24% one-day gain, Algorand (ALGO) at Rp1,891 (+2.11%), and Fantom (FTM) at Rp11,382 (-2.05%).
The acquisition narrows Strive's gap with competitors Twenty One Capital and Metaplanet, both of which have built sizable Bitcoin treasuries. The source notes that Strive's cash and equivalents also increased significantly, which supports the company's aggressive crypto investment strategy.
The move reflects Strive's stated commitment to expanding its crypto treasury despite uncertain market conditions. The report does not detail the funding structure for the purchase or the company's stated long-term allocation targets.
For market context, Pluang's snapshot as of October 26, 2026 at 19:21 WIB showed 26 of 50 major cryptocurrencies rising and 23 falling. Bitcoin Cash (BCH) traded at Rp5,037,477 with a 2.24% one-day gain, Algorand (ALGO) at Rp1,891 (+2.11%), and Fantom (FTM) at Rp11,382 (-2.05%).
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