All coins

Reporting · markets

Strive adds 29 bitcoin as holdings reach 43,153 BTC

Strive added 29 bitcoin last week, lifting its holdings to 43,153 BTC, while its cash balance fell and its preferred share count grew.

By Dextape Desk1 min read

Share

Editorial illustration for markets coverageEditorial illustration for markets coverage

Quick take

  1. Strive bought 29 bitcoin for about $2.2 million, averaging $75,721 per coin, across purchases made between October 31 and November 6.
  2. The company now holds 43,153 BTC, and its cash fell to $487.6 million as of November 6.
  3. Strategy added 1,036 bitcoin the same Monday, lifting its holdings to 850,364 BTC.

According to Bitcoin Magazine, Strive's purchase of 29 bitcoin last week cost about $2.2 million, or $75,721 per coin on average. The purchases were made between October 31 and November 6, and the firm's total holdings rose to 43,153 BTC. The buying followed a prior week in which the company added 124 bitcoin.

Strive disclosed the figures in a Monday 8-K filing, and chief executive Matthew Cole shared the numbers on X. Its cash fell to $487.6 million as of November 6, while the SATS preferred share count rose to 7,036,559. The company also holds 505,000 STRC preferred shares.

Strive also launched a $1 billion at-the-market program for SATS shares. On the same Monday, Strategy added 1,036 bitcoin, lifting its holdings to 850,364 BTC, so both firms' purchases surfaced in the same week.

The most recent date in the figures is November 6, which is the closing date of the purchase window and the cash balance. Readers tracking corporate bitcoin treasuries can compare these totals with the 124 bitcoin added the prior week and the 29 bitcoin bought in the latest one.

Sources

Machine-written from the publishers’ reports and checked against them · How Dextape writes

Mentioned in this story

CoinGecko last prints. Not a Dextape quote.

About the author

Dextape DeskEditors

The Dextape Desk signs Dextape's briefs, market reports and news stories, each machine-written from the named sources and checked by code before it appears.

Share this story