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Strive Buys 2,000 More Bitcoin, Pushing Its Treasury to 29,462 BTC

Ilampirai Arivazhagan by Ilampirai Arivazhagan
October 6, 2026
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Strive Buys 2,000 More Bitcoin, Pushing Its Treasury to 29,462 BTC
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  • Strive, Inc. disclosed in an October 5, 2026 SEC filing that it purchased 2,000 bitcoin between September 28 and October 2, 2026 at an average price of roughly $84,422 per coin, inclusive of fees
  • The purchase brought Strive’s total bitcoin treasury to 29,462 BTC as of October 2, 2026, up from 28,000 BTC held as of September 30
  • The filing is Strive’s latest in a string of weekly treasury updates since the company pivoted toward a bitcoin accumulation strategy earlier in 2026

Strive, Inc. told the Securities and Exchange Commission in an 8-K filed October 5, 2026 that it added 2,000 bitcoin to its balance sheet during the week spanning September 28 through October 2, spending roughly $169 million at an average cost of approximately $84,422 per coin, including fees and expenses.

The purchase lifted Strive’s total holdings to 29,462 BTC as of October 2, 2026, continuing a run of weekly accumulation disclosures the company has filed since adopting bitcoin as its primary treasury reserve asset. As of September 30, Strive held 28,000 BTC with a fair value of approximately $2.34 billion, acquired at an average cost basis of $90,170 per bitcoin, meaning the newest purchase came in well below the company’s blended average entry price.

Strive has built its public identity around aggressive bitcoin accumulation, following a model popularized by Strategy of using capital markets access, including equity issuance and other financing tools, to fund regular purchases rather than relying solely on operating cash flow. The company’s weekly filing cadence has become a fixture for investors tracking corporate bitcoin treasuries, giving the market a near real-time view of how much bitcoin publicly traded accumulators are adding and at what price.

The timing of the purchase, during a week when bitcoin traded in the mid-$80,000s, continues a pattern among treasury companies of buying through price weakness rather than waiting for confirmation of a rally. That approach has drawn both praise from bitcoin bulls, who see dollar-cost averaging through dips as disciplined long-term positioning, and skepticism from critics who question whether some treasury companies are taking on excessive risk by repeatedly tapping capital markets to fund purchases regardless of price.

Strive’s disclosure arrived the same week as similar bitcoin treasury updates from several other publicly traded companies, underscoring how corporate accumulation has become a steady source of demand working alongside spot bitcoin ETF inflows. With 29,462 BTC now on its balance sheet, Strive remains well behind larger holders such as Strategy, but its consistent weekly buying has made it one of the more closely watched entrants in the corporate bitcoin treasury field since launching its strategy earlier this year.

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Tags: Bitcoin
Ilampirai Arivazhagan

Ilampirai Arivazhagan

Ilampirai Arivazhagan is a data journalist and Web3 funding analyst at Cryip, covering venture capital activity, tokenomics, and crypto market data across global blockchain ecosystems. Her reporting applies IFCN and OSINT-based verification methods to blockchain claims, drawing on certifications in data journalism, journalism fundamentals (NBC Universal Academy), and AI for cybersecurity. Her research has been cited by Coincu and BlockEden.xyz.

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