Strive has increased its Bitcoin holdings to 36,818 BTC by purchasing 4,045 coins for about $335 million last week, making it the fourth-largest public corporate Bitcoin holder. This buying spree has expanded its stash by over 380% since early 2026, with a current value exceeding $3 billion. The company plans to use proceeds from its upcoming SATS preferred stock IPO, expected to raise around $630 million, for further Bitcoin purchases and corporate needs. CEO Matt Cole believes Bitcoin is a strong hedge against dollar depreciation, aiming to possibly become the second-largest corporate Bitcoin holder by year-end.
Strive's Bitcoin holdings have surged to 36,818 BTC, valued at over $3 billion, following a $335 million purchase last week ahead of its SATS IPO proceeds settlement. For readers following major cryptocurrencies on Pluang, as of Oct 19, 2026 20:22 WIB, 31 of 50 priced major cryptocurrencies rose while 18 fell. Notable movers include BAT (Basic Attention Token) with a price of Rp3,255 and a 1-day change of +2.03%, FTM (Fantom) at Rp11,382 with -2.05%, and ENJ (Enjin Coin) at Rp488 with -1.94%.
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