Strive Buys 3,311 BTC in Second Largest Bitcoin Purchase to Date

Strive has ramped up its Bitcoin buying once again, adding 3,311 BTC over the past week and lifting its total treasury to 32,773 coins. CEO Matt Cole confirmed the latest acquisition, which followed a smaller purchase by Strategy the day before.

Second Biggest Buy After Semler Scientific Merger

The new buy now claims second place in company history, trailing only the Semler Scientific merger that involved roughly 5,816 BTC.

$208 Million in Warrants Exercised Before Deadline

Cole also revealed that $208 million worth of warrants had been exercised, with around 15.3 million still outstanding and set to expire at 5 pm Eastern Time on Tuesday. The pressure to convert before the cutoff appears to have driven the recent surge in activity.

SATA Preferred Stock Rule Becomes Binding

Separately, Strive formalized a key provision tied to its preferred stock known as SATA. The previously stated $100 minimum issuance price has now been written into the company’s governing documents as a binding restriction, giving investors firmer terms going forward.