Strategy and Strive acquire $232M in Bitcoin, adding 2,773 BTC to corporate treasuries

Two of the most aggressive corporate Bitcoin buyers just went shopping again. Strategy and Strive collectively scooped up 2,773 BTC worth roughly $232 million, reinforcing a trend that has quietly reshaped how public companies think about their balance sheets. Strive Inc., trading under the ticker ASST, has been on a tear. The company, co-founded by Vivek Ramaswamy and led by CEO Matt Cole, acquired 1,800 BTC for approximately $143 million in its most recent purchase. That works out to an average price of about $79,431 per Bitcoin. This wasn’t a one-off move. Strive had already picked up 2,500 BTC for roughly $185 million earlier in the summer, building a treasury that has grown to approximately 25,000 BTC total. That pile is large enough to make Strive the 5th largest public corporate holder of Bitcoin globally. Strategy, still the undisputed heavyweight of corporate Bitcoin holders under its ticker MSTR, added 4,603 BTC valued at around $370 million during the same late-August window. Different playbooks, same conviction What makes Strive’s approach notable is how it’s funding these acquisitions. The company relies on its Variable Rate Series A Perpetual Preferred Stock, ticker S...