CryptoHypeBuster

Strive Makes Largest-Ever Bitcoin Purchase With 6,182 BTC Buy

CryptoPotato · Mon, 26 Oct 2026 12:12:35 GMT

Hype 27/100 · Market impact 65/100 · Breaking 55/100

Tags: BTC

Strive, led by CEO Matt Cole, bought 6,182 bitcoin over the past week for more than $511 million at an average price of $82,732 per coin, Cole announced on X on Oct. 26, 2026. The purchase was the company’s largest single bitcoin buy and lifted its holdings to a record 43,000 BTC, worth just under $3.5 billion at current prices. It exceeded prior purchases of 3,311 BTC and about 2,500 BTC between May and June, and followed a 1,223 BTC buy the previous week. Strive also said cash and marketable securities rose by $187.7 million to $554.6 million and established a $1 billion ATM program for SATS preferred stock.

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