Strive's Bitcoin (BTC) Holdings Reach 27,462 After $94.5M Weekly Buy

Strive Adds 1,107 BTC in a Week

Strive's corporate Bitcoin (BTC) position now stands at 27,462 coins, worth roughly $2.3 billion at Friday's closing price of $83,943, after the Dallas-based asset manager bought another 1,107 BTC last week. The purchase cost about $94.5 million and was executed between Sept. 21 and Sept. 25 at an average of $85,396 per coin including fees, according to a Form 8-K filed Monday with the SEC. The weekly pace was lighter than the prior stretch, when the stash grew by 1,355 BTC, based on earlier filings — a deceleration of 248 coins, or roughly $21 million at last week's average price. Even so, the buy keeps Strive among the market's largest corporate whales: it ranks fifth among public Bitcoin treasuries, behind Strategy, Twenty One Capital, Metaplanet and MARA, per treasury-tracking data. The average fill of $85,396 came in slightly above Friday's close, meaning the newest coins were marked marginally under cost by week's end. The company has assembled the stack through a strategic Bitcoin reserve model, and the cadence has become routine — successive Monday 8-Ks, each lifting the treasury by several hundred to more than a thousand coins. Most of the money, the filing and the company's own commentary make clear, has come from a single funding channel: SATA, the firm's variable-rate perpetual preferred stock, which pays dividends and lets Strive raise capital with less dilution for common shareholders — a structure that determines how quickly the treasury can grow without pressuring the common equity.

SATA Preferred Foots the Bill

CEO Matt Cole put the funding arithmetic in plain terms: warrant exercises generated another $12.4 million, and including those proceeds, 85% of the total capital raised came from SATA. The preferred's share count rose by roughly one million during the week to 12.2 million; at its $100 stated amount, that puts the instrument's notional value at about $1.22 billion. Class A common shares rose by about 649,000 over the same stretch, and Strive's cash pile grew by $19.2 million to $248.8 million — leaving ample dry powder for the next weekly slate. Because the instrument is perpetual, the cost is a dividend stream rather than a repayment deadline, which suits a treasury built for long-term HODL conviction rather than active trading. The reliance is not new. A 469 BTC purchase earlier this month, which lifted holdings to an even 25,000 coins, was paid for entirely with SATA, while a $109 million buy in early September split the funding 70/30 between the preferred and common stock. The approach mirrors a broader Bitcoin treasury trend among listed companies, where structured preferred equity has become the standard financing tool. Strive shows no sign of slowing, either: to overtake Twenty One Capital's 43,514 BTC by year-end, it would need roughly 16,050 more coins, or about 1,235 a week — marginally more than the pace it just posted, sustained every week through Dec. 31. Each Monday filing has become a two-line report in miniature: coins added, and the mix of SATA, common equity and warrant proceeds that paid for them. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

The $84,000 Ceiling in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $84,022 resistance at 78/100, driven by the Fibo 0.114, R1 and bearish-engulfing confluence, with $87,396 close behind at 77/100 (Donchian Upper, BB Upper). Below, the $81,717 support scores 74/100 on the BB Middle, SMA 20 and EMA 20 cluster. BTC trades at $83,671, down 1.29% in 24 hours; RSI reads 61.67, the MACD is bullish and the uptrend is intact. Positioning is mildly long: funding at 0.0045%, open interest near $15.52 billion, long/short ratio 1.45 (59.2% long), with Fear & Greed at 74 — Greed. A close above $84,022 targets $87,396; losing $81,717 — the invalidation — opens $77,075 (68/100). Meanwhile, 27,462 BTC now sit on Strive's balance sheet.