Strive Bought 1,375 Bitcoin for About $109 Million:

HedgeCo.Net — Nasdaq-listed Strive (ASST) acquired 1,375 bitcoin for about $109 million between August 31 and September 4 at an average price of $79,281 per coin, lifting total holdings to 24,531 BTC, according to CEO Matt Cole’s September 8 disclosure and coverage summarizing a Form 8-K. Decrypt printed the same 1,375 BTC / $109 million / $79,281 average and the 24,531 BTC stack. CoinMarketCap Academy and CryptoTimes independently carried the same purchase size, average cost, and ending holdings.

Cole said 70% of the capital raised last week came from SATA—Strive’s Variable Rate Series A Perpetual Preferred Stock—which now has about $999 million in notional value outstanding. Chief Risk Officer Jeff Walton said holdings rose 5.9% week over week from 23,156 to 24,531 BTC, the third straight week above 5%, and were up 21.1% over three weeks from 20,245 BTC. Strive is a public bitcoin-treasury strategy co-founded by Vivek Ramaswamy and led by Cole; the preferred structure is the firm’s primary non-common funding path for additional BTC buys.

This is a corporate treasury purchase disclosed via executive posts and 8-K coverage, not an ETF flow print. Mark 1,375 BTC, about $109 million, $79,281 average, 24,531 BTC total, and ~$999 million SATA notional as the hard tape. Do not invent year-end ranking outcomes versus Twenty One Capital or Strategy, or a dividend coverage stress test. The allocator object is preferred-equity-funded public bitcoin treasury accumulation.

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