# Strive Stock Surges 20.5% in Bitcoin Push

> Strive stock jumped 20.5% after $630m Bitcoin funding.
- Title: Strive Stock Surges 20.5% in Bitcoin Push · The Motley Fool
- Summary: Strive stock jumped 20.5% after $630m Bitcoin funding. Strive stock surged 20.5% this week as it raised $630 million to buy more Bitcoin.
- Keywords: strive, bitcoin, preferred stock, sats, market cap, s&p 500, finance, money, Stock, Surges, Push, The Motley Fool
- Source: The Motley Fool — https://fool.com/coverage/market-movers/2026/10/23/why-strive-stock-surged-this-week
- Author: John Ballard
- Published: 2026-10-23T13:12:01+00:00
- Read time: 1 min
- Topics: strive, bitcoin, preferred stock, sats, market cap, s&p 500, finance, money
## Strive stock surge
Strive stock closed at $29.03 on Thursday, Oct. 22, up 20.5% from Friday, Oct. 16's close.
## Bitcoin funding boost
Strive completed a $630 million preferred stock offering to fund its Bitcoin acquisition strategy.
## Preferred stock details
Strive sold 7 million shares of 15% Series A Perpetual SATS Preferred Stock at $90 per share.
## Bitcoin holdings
Strive bought 4,045 Bitcoins between Oct. 12 and Oct. 16 at $82,803 per coin.
## Market impact
Strive stock closed at $29.03 on Thursday, Oct. 22, up 20.5% from Friday, Oct. 16's close.
## Key takeaway

Strive stock surged 20.5% this week as it raised $630 million to buy more Bitcoin.