# Strive Raises Bitcoin Holdings

> Strive buys 1,223 BTC to reach 36,818 coins ahead of $630M stock settlement.
- Title: Strive Raises Bitcoin Holdings · TokenPost | Shortify
- Summary: Strive buys 1,223 BTC to reach 36,818 coins ahead of $630M stock settlement. Strive increased Bitcoin holdings to 36,818 coins after purchasing 1,223 BTC…
- Keywords: strive, bitcoin, btc, preferred stock, sats, corporate treasury, crypto, finance, Raises, Holdings, TokenPost
- Source: TokenPost — https://tokenpost.com/news/business/34882
- Published: 2026-10-19T16:17:14+00:00
- Read time: 1 min
- Topics: strive, bitcoin, btc, preferred stock, sats, corporate treasury, crypto, finance
## Strive's Bitcoin Purchase
Strive increased its Bitcoin holdings to 36,818 coins after buying 1,223 BTC, expanding its corporate treasury ahead of a scheduled $630 million preferred stock settlement.
## Purchase Details
The company bought bitcoin from Oct. 14 to Oct. 16 at an average price of about $81,734 per coin, including fees and expenses, totaling approximately $100 million.
## Stock Offering Timeline
Strive priced a 7 million share offering of its 15% Series A Perpetual SATS Preferred Stock at $90 per share, expecting $630 million in gross proceeds before fees, with settlement scheduled for Oct. 20.
## Key takeaway

Strive increased Bitcoin holdings to 36,818 coins after purchasing 1,223 BTC, with proceeds from a $630 million preferred stock offering planned for October 20.