Strive Buys 1,107 Bitcoin at $85K Average, Holdings Reach 27,462 BTC
ASST has more than doubled off its 52-week low of $7.02.
Summary
Strive purchased 1,107 Bitcoin at an average price of $85,396 between September 21-25, bringing total holdings to 27,462 BTC. The purchase was funded through continued ATM share issuance, with Class A shares outstanding increasing by 649,072 shares.
Updates
· The Block — Warrant exercises brought in $12.4M gross proceeds, down from $21.2M the prior week; SATA sales were 85% of capital raised, up from 57.7%.
Key Events · Financing and Capital Events · ASST
-
Bitcoin Purchase
Purchased 1,107 BTC at average price of $85,396 per BTC between September 21-25, 2026, spending approximately $94.5 million.
-
Holdings Update
Total Bitcoin holdings increased to 27,462 BTC as of September 25, 2026, up from 26,355 BTC on September 18.
-
Share Dilution
Class A common stock outstanding increased by 649,072 shares to 88,453,685, and SATA preferred stock increased by 1,009,020 shares to 12,193,180.
-
Cash Position
Cash and cash equivalents increased to $248.8 million from $229.6 million, indicating ATM proceeds exceeded Bitcoin purchase costs.
Analysis · ASST · Crypto Assets
Strive continues its aggressive Bitcoin accumulation strategy, purchasing 1,107 BTC at an average price of $85,396 between September 21-25, 2026. This brings total holdings to 27,462 BTC, valued at approximately $2.35 billion at current prices. The purchase was funded through continued ATM share issuance — Class A shares outstanding increased by 649,072 and SATA preferred stock by 1,009,020 shares during the same period. The company's cash position actually increased to $248.8M, suggesting the ATM program is generating more capital than is being deployed into Bitcoin. This is the latest in a series of weekly Bitcoin purchases that have become routine for Strive, but the scale and consistency of the accumulation — combined with the ongoing dilution — makes this a significant capital allocation event for shareholders.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ASST was trading at $28.90 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $7.02 to $61.80. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.