Based on Strive’s Form 8-K filed with the US Securities and Exchange Commission on 13 October 2026.
Strive, Inc., a Nasdaq-listed company (ticker ASST) that holds bitcoin as a treasury asset, says it bought 3,311 bitcoin between 5 and 9 October 2026 [1].
The filing says Strive paid “an average price of approximately $84,500 per bitcoin, inclusive of fees and expenses” [1].
The numbers
| 2 October 2026 | 9 October 2026 | Change | |
|---|---|---|---|
| Bitcoin held | 29,462 | 32,773 | +3,311 |
| Cash and cash equivalents | $284.7M | $310.3M | +$25.6M |
| Strategy Inc. STRC preferred shares held | 505,000 | 505,000 | none |
Source: Strive Form 8-K [1].
TSN’s arithmetic, not a filed figure: 3,311 bitcoin at about $84,500 each comes to roughly $280M. The filing gives the average price, not a total.
How did cash go up while it bought bitcoin?
The filing shows cash rising by $25.6M over the same week. It does not say directly how the purchase was paid for. It does show more shares in issue: Class A common shares rose from 91,708,804 to 101,169,907, and Strive’s SATA preferred shares rose from 13,498,082 to 14,030,176 [1]. Selling new shares is a common way for bitcoin treasury companies to raise money.
What is a bitcoin treasury company?
It is a listed company that holds bitcoin on its balance sheet as a main asset, often raising money from investors to buy more. Strategy (formerly MicroStrategy) is the best-known example.
What this means
- Strive’s holdings grew by about 11% in a week, from 29,462 to 32,773 BTC.
- The figures come from a regulatory filing, signed by chief executive Matthew Cole [1].
- Its share count is growing too, which matters to shareholders because each share owns a slice of a bigger pile, but there are more slices.
Sources
- Strive, Inc., Form 8-K (Item 8.01), filed 13 October 2026. https://www.sec.gov/Archives/edgar/data/1920406/000162828026065595/asst-20261013.htm
