Strive buys 1,107 BTC at $85,396 avg; cash rises to $248.8M; SATA shares increase

Strive purchased 1,107 bitcoin at an average price of $85,396, raising bitcoin holdings to 27,462 and increasing cash to $248.8M.

Key Highlights:

• Purchased 1,107 bitcoin from Sept 21–25, 2026 at an average price of approximately $85,396 per BTC (including fees).
• Bitcoin holdings increased to 27,462 coins, reflecting the company’s continued Bitcoin treasury strategy.
• Cash and cash equivalents rose by $19.2M to $248.8M as of Sept 25, 2026, providing liquidity for operations or investments.
• SATA Stock shares outstanding grew by 1,009,020 to 12,193,180; Class A shares up 649,072 to 88,453,685, affecting diluted share counts.

Original SEC Filing: Strive, Inc. [ ASST ] - 8-K - Sep. 28, 2026

Previous Week Recap

• Strive, Inc. Class A Adds BTC Holdings: Strive, Inc. Class A (ASST) bought 1,355 BTC (~$107.7M) Sept. 14–18, raising holdings to 26,355 BTC, worth about $2.25B at ~$85,600 per BTC; ranks fifth-largest public holder.
• ASST Price Target Raised: TD Cowen raised ASST price target from $32 to $44 after faster BTC accumulation, boosting 2026 BTC outlook to 32,105 and projected BTC yield to 70.1%; shares slipped ~1.5% to $29.65.
• ASST Warrants Exercise Proceeds: Strive, Inc. Class A (ASST) saw about 786,000 warrants exercised last week, generating roughly $21.2 million in gross proceeds; 58% of the week’s capital raise came via preferred stock (SATA).

While macro headwinds drag down the broader tech sector, Strive, Inc. (ASST) drops an explosive 8-K filing: pulling off a massive 1,107 BTC acquisition at an $85,396 average, while successfully scaling cash reserves to $248.8M.

Fueled by a non-dilutive expansion of their high-yielding SATA perpetual preferred stock, Strive is aggressively weaponizing its capital stack—proving that when the market sells off, corporate treasuries buy the dip.