Strive, Strategy Lead 2026 Corporate Bitcoin Buying

Strive bought 2,822 BTC during Oct. 12-13, according to a filing released Oct. 14. The purchase followed its acquisition of 3,311 BTC between Oct. 5 and Oct. 9.

Strive paid an average of about $83,266 per Bitcoin, including fees and expenses. It also reported that warrant exercises during the same two-day period were expected to generate $369.2 million in gross proceeds.

The filing did not link the warrant proceeds to the Bitcoin purchase. It did not state how much of the expected proceeds would remain after costs or whether the cash had settled. Strive said no traditional warrants from its private investment in public equity transaction remained outstanding at the close of Oct. 13.

In a filing dated Oct. 13, Strive said it held 32,773 BTC as of Oct. 9, along with $310.3 million in cash and equivalents. Its reported common and preferred share counts also increased during that period.

Strategy disclosed a separate Bitcoin purchase covering Oct. 5-11. It bought 250 BTC for $21.5 million, taking its holdings to 848,250 BTC as of Oct. 11. Strategy said $21 million came from net proceeds from sales of its MSTR common shares, while the remaining $500,000 came from cash.

During the same period, Strategy repurchased 1,932,145 STRC preferred shares for $192.4 million. The company did not identify the funding source for those repurchases. The transactions do not establish that Strategy sold Bitcoin to finance the buybacks.

Strategy reported $4.88 billion in a U.S. dollar reserve for preferred dividends and debt interest as of Oct. 11. It also held $640.5 million in cash for broader treasury needs.

An Oct. 8 business-adoption report said Strategy and Strive had increased their combined Bitcoin holdings by 197,000 BTC in 2026 through Oct. 5. That exceeded the 193,000 BTC net increase reported for businesses overall. Conventional businesses added about 20,000 BTC, while other Bitcoin treasury companies added about 8,000 BTC. Large miners sold 32,800 BTC.

The figures are rounded and combine increases in some categories with reductions in others. The report also recorded a 10% year-over-year increase in the number of public companies holding Bitcoin.

Transfers linked to Strive’s acquisition of Semler affect comparisons of corporate buying. Semler held 5,048.1 BTC before the all-stock transaction. Strive reported buying 123 BTC before the acquisition, bringing its holdings to 7,749.8 BTC. The deal closed with the combined company holding about 12,797.9 BTC.

Semler’s Bitcoin increased Strive’s consolidated holdings but was transferred between corporate owners rather than bought from the market. The published data does not explain how that transaction was counted, so it does not support a precise calculation of new Bitcoin purchases after adjusting for the merger.