- Strive purchased 124 bitcoin between October 24 and 30, 2026 at an average price of approximately $80,526 per bitcoin
- The purchase brought the company’s total holdings from 43,000 to 43,124 bitcoin, a far smaller weekly addition than the 6,182 bitcoin it purchased the week before
- The company’s cash balance fell from $504.4 million to $490.4 million over the same week, a decline of about $14 million
Strive, the bitcoin treasury company linked to Vivek Ramaswamy that is pending a merger with Semler Scientific, filed an 8-K disclosing that it purchased 124 bitcoin during the week of October 24 through 30, 2026, at an average price of approximately $80,526 per bitcoin inclusive of fees and expenses, implying a total cost of roughly $9.98 million for the week.
The addition brought Strive’s total bitcoin holdings from 43,000 as of October 23, 2026 to 43,124 as of October 30, 2026. The size of this particular purchase stands out mainly in contrast to the company’s own activity the week before, when it disclosed buying 6,182 bitcoin, pushing its holdings up by nearly 17% in a single week. This week’s addition, by comparison, represents growth of less than one percent, a markedly slower pace of accumulation. Weekly purchase sizes among bitcoin treasury companies tend to track how much fresh capital a company has actually raised in a given week rather than any fixed target, so a sharp slowdown like this one often simply reflects a quieter week for capital markets activity rather than a change in long-term accumulation strategy.
Strive’s cash position moved in the opposite direction from a simple reading of the purchase alone might suggest: cash and cash equivalents fell from $504.4 million as of October 23 to $490.4 million as of October 30, a decline of about $14 million, modestly more than the roughly $10 million spent on the week’s bitcoin purchase itself, suggesting some additional cash outflow during the period beyond the disclosed bitcoin buy.
Regularly disclosing bitcoin purchases through 8-K filings, win large or small, has become standard practice among publicly traded bitcoin treasury companies, giving investors a running, week-by-week view of how aggressively each company is adding to its position. A string of much smaller weekly purchases following a particularly large one can reflect a natural pause after a big capital raise, a more cautious approach to price levels, or simply less fresh capital available to deploy in a given week.
Strive’s pending merger with Semler Scientific remains a separate, ongoing corporate matter alongside these weekly bitcoin purchase disclosures. The full filing is available on SEC EDGAR.
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