{"id":95736,"date":"2026-09-09T06:06:58","date_gmt":"2026-09-09T10:06:58","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/strive-bought-1375-bitcoin-for-about-109-million.html"},"modified":"2026-09-09T06:06:58","modified_gmt":"2026-09-09T10:06:58","slug":"strive-bought-1375-bitcoin-for-about-109-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/strive-bought-1375-bitcoin-for-about-109-million.html","title":{"rendered":"Strive Bought 1,375 Bitcoin for About $109 Million:"},"content":{"rendered":"

\"Strive<\/p>\n

HedgeCo.Net \u2014 Nasdaq-listed Strive (ASST) acquired 1,375 bitcoin for about $109 million between August 31 and September 4 at an average price of $79,281 per coin, lifting total holdings to 24,531 BTC, according to CEO Matt Cole\u2019s September 8 disclosure and coverage summarizing a Form 8-K. Decrypt printed the same 1,375 BTC \/ $109 million \/ $79,281 average and the 24,531 BTC stack. CoinMarketCap Academy and CryptoTimes independently carried the same purchase size, average cost, and ending holdings.<\/p>\n

Cole said 70% of the capital raised last week came from SATA\u2014Strive\u2019s Variable Rate Series A Perpetual Preferred Stock\u2014which now has about $999 million in notional value outstanding. Chief Risk Officer Jeff Walton said holdings rose 5.9% week over week from 23,156 to 24,531 BTC, the third straight week above 5%, and were up 21.1% over three weeks from 20,245 BTC. Strive is a public bitcoin-treasury strategy co-founded by Vivek Ramaswamy and led by Cole; the preferred structure is the firm\u2019s primary non-common funding path for additional BTC buys.<\/p>\n

This is a corporate treasury purchase disclosed via executive posts and 8-K coverage, not an ETF flow print. Mark 1,375 BTC, about $109 million, $79,281 average, 24,531 BTC total, and ~$999 million SATA notional as the hard tape. Do not invent year-end ranking outcomes versus Twenty One Capital or Strategy, or a dividend coverage stress test. The allocator object is preferred-equity-funded public bitcoin treasury accumulation.<\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.Net \u2014 Nasdaq-listed Strive (ASST) acquired 1,375 bitcoin for about $109 million between August 31 and September 4 at an average price of $79,281 per coin, lifting total hol\u2026 Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16282],"tags":[],"class_list":["post-95736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95736"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95735"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}