Key Developments
Strive has acquired 1,567 BTC, valued at over $162 million, between October 28 and November 9, 2025. This acquisition signifies continued institutional adoption of Bitcoin, highlighting strategic financial maneuvers by companies like Strive.
Strive's Strategic Bitcoin Acquisition
Strive, co-founded by Vivek Ramaswamy, has expanded its Bitcoin holdings to 7,525 BTC. The purchase of 1,567 BTC was funded by an upsized IPO of SATA Variable Rate Series A Perpetual Preferred Stock. MicroStrategy's similar strategy exemplifies the trend, notably affecting Bitcoin pricing and market dynamics. Matt Cole, Chairman & CEO of Strive, stated:
"This demonstrates the speed and precision of our team in driving long-term value, with Bitcoin as our hurdle rate."
The stock offering raised between $149.3 million and $160 million, with shares closing at $80 each.
Broad Institutional Trends
Acquisition methods like these are widely viewed as a sound financial strategy, enhancing institutional confidence in Bitcoin's role in treasury management. There are parallels to major acquisitions by industry leaders like BlackRock. These moves reinforce Bitcoin's stature in institutional balance sheets. As regulations evolve, the increasing embrace of Bitcoin could have significant financial and technological impacts, reflecting a pivotal shift in corporate treasury strategies.