Strive Makes Largest-Ever Bitcoin Purchase With 6,182 BTC Buy

CEO Matt Cole announced on X that the company he runs has purchased 6,182 BTC for over $511 million over the past week at an average price of $82,732 per unit. This was the company’s single biggest bitcoin buy, which exceeds some of the previous major ones from a few weeks ago of 3,311 BTC and the roughly 2,500 BTC haul from May-June. Strive acquired 6,182 $BTC for $511.

4M at an average cost of $82,732 per bitcoin, bringing total holdings to ₿43,000. – Cash and marketable securities increased by $187. 7M to $554.

6M. – Established a $1B $SATS ATM program. $ASST $SATA $SATS — Matt Cole (@ColeMacro) October 26, 2026 After last week’s more modest acquisition of 1,223 BTC, the company’s total stash was valued at over $3 billion.

However, the asset’s price stood slightly higher at the time, while the current battle for $80,000 means that the firm’s USD equivalent has declined. Although it has spent more than $511 million for its latest purchase, the USD value of its bitcoin fortune is worth just under $3. 5 billion.

However, the company’s stash in terms of BTC has reached a new all-time high of 43,000 units. The company also reported that its cash and marketable securities increased by almost $188 million to $554. 6 million.

This shows effective capital deployment from recent preferred stock raises while maintaining liquidity for dividends and operations. Strive also initiated a $1 billion ATM program for SATS preferred stock, extending its debt-free model of issuing dividend-bearing securities like SATA and SATS to fund further bitcoin purchases.