Particle.news
Download on the App Store

Strive Buys 317 Bitcoin, Vaulting Into Top 10 Corporate Holders

Preferred-stock funding under its SATA program powered the buildout despite large unrealized losses in GAAP results.

Overview

  • The latest 317 BTC purchase cost about $23 million at an average price near $72,555, taking Strive's total to roughly 13,628 BTC.
  • The company now ranks among the 10 largest corporate Bitcoin holders, placing ahead of Tesla and CleanSpark by reported totals.
  • Strive raised about $257.6 million through its SATA perpetual preferred offerings since November, using proceeds to add Bitcoin and retire high-interest debt.
  • Holdings were assembled over roughly six months via about 5,900 BTC from initial deals, 5,048 BTC from the Semler Scientific acquisition, and 2,694 BTC from capital-markets activity.
  • Strive reported a $393.6 million GAAP net loss through year-end 2025, driven by about $194.5 million in unrealized Bitcoin losses and $140.8 million in acquisition-related impairments, while highlighting a Q4 Bitcoin Yield of 22.2% and 13.8% quarter-to-date through mid-March.