Strive buys 1,223 more bitcoin for $100M, holds 36,818 BTC
The treasury firm paid an average of about $81,734 per coin, following a 2,822 BTC purchase earlier last week.
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Key takeaways
- Strive bought 1,223 BTC for roughly $100 million
- Average purchase price was about $81,734 per bitcoin
- Total holdings now stand at 36,818 BTC
- The buy follows 2,822 BTC acquired earlier last week
Strive just bought another 1,223 bitcoin. The price tag was about $100 million, at an average of roughly $81,734 per coin, and the company's total holdings now stand at 36,818 BTC.
The details
It isn't a one-off. Earlier last week, Strive picked up 2,822 BTC. Add the two purchases together and the company has bought more than 4,000 bitcoin in a matter of days.
The latest buy was reported on Monday, Oct 19, 2026. As for how Strive paid for it, the facts we have don't say, and I'm not going to guess.
Why it matters
Corporate treasuries remain a steady source of bitcoin demand, and a buyer writing $100 million checks is hard to ignore. For holders and traders, the takeaway is simple: these firms buy in size, and they keep buying. Whether that holds depends on two things. One is how they fund the purchases. The other is how comfortable they stay with prices near $82,000. Watch those.
Source: The Block
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Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.