Strive adds 382 BTC for $30M, cementing its spot as the ninth-largest bitcoin treasury!

Strive, Inc. has purchased another 382 BTC at approximately $79,348 per coin, bringing its total holdings to 15,391 bitcoin — worth nearly $1.2 billion at current prices. CEO Matt Cole announced the acquisition on social media Tuesday, confirming the NASDAQ-listed firm (ticker: ASST) now ranks ninth among all corporate bitcoin treasuries, sitting ahead of miner Hut 8 and just behind Riot Platforms.

The purchase continues a capital-raise-and-accumulate playbook that mirrors Michael Saylor's Strategy. Strive has funded its bitcoin stack through a preferred security — the Variable Rate Series A Perpetual Preferred Stock (SATA), designed to hold a strike price between $99–$100 with a variable monthly dividend — and an upsized $225 million follow-on equity offering earlier this year, on top of roughly $160 million raised previously.

Founded in 2022 by Vivek Ramaswamy, Strive describes…