Strive buys 4,045 bitcoin at an average of about $82,803 each

Strive said it bought 4,045 bitcoin during the period from October 12, 2026 through October 16, 2026, at an average price of approximately $82,803 per bitcoin, inclusive of fees and expenses.

Of those, 2,822 bitcoin were bought from October 12 through October 13, 2026, which the company had previously announced on October 14, 2026. The remaining 1,223 bitcoin were bought from October 14 through October 16, 2026, at an average price of approximately $81,734 per bitcoin, inclusive of fees and expenses.

Strive said its bitcoin holdings rose to 36,818 as of October 16, 2026, from 32,773 on October 9, 2026. Cash and cash equivalents rose to $317.5 million from $310.3 million over the same period, and Class A common stock outstanding rose to 114,847,610 shares from 101,169,907.

Strive said that 273,493,909 traditional warrants, exercisable for 13,674,703 shares of Class A common stock, were exercised from October 12 through October 13, 2026, for gross proceeds of approximately $369.2 million. The remaining warrants, assumed in the company's September 2025 merger with Asset Entities Inc., expired unexercised on October 13, 2026, and no traditional warrants remained outstanding as of October 16, 2026.

On October 15, 2026, Strive priced an underwritten public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock, with a $700 million aggregate stated amount, at $90.00 per share. Strive said it expects proceeds of approximately $630 million before underwriting discounts, commissions and estimated offering expenses. Strive said the offering is scheduled to settle October 20, 2026, subject to customary closing conditions.