Strive Inc. acquired an additional 29 bitcoin between October 31 and November 6 for approximately $2.2 million at an average price of $75,721 per coin, according to a regulatory filing and statements from the company. The purchase raised the firm’s total bitcoin holdings to 43,153 BTC from 43,124 BTC as of October 30.

Chairman and CEO Matthew Cole disclosed the transaction on X, stating the company acquired 29 BTC for $2.2 million at that average cost and confirming the updated total. The average price includes fees and expenses. Cash and cash equivalents declined to $487.6 million as of November 6 from $490.4 million a week earlier, a drop consistent with the outlay for the latest bitcoin purchase.

October Acceleration Followed by Smaller Weekly Buys

The latest addition marks a clear slowdown from Strive’s October pace. Between October 1 and October 30 the company bought 15,124 bitcoin. In the prior week alone, from October 24 through October 30, it added 124 bitcoin at an average of about $80,526 per coin. Holdings stood at roughly 28,000 bitcoin on September 30 before the October increase.

Strive accumulated approximately 35,497 bitcoin across the first 10 months of 2026. In the third quarter the company purchased about 8,136 bitcoin and reported $509 million in GAAP net income. Unrealized gains on bitcoin contributed $533.7 million to that quarterly result. The firm also recorded a 63.2 percent year-to-date bitcoin yield through September 30, with an 18.5 percent yield in the third quarter itself. Bitcoin yield measures the percentage change in bitcoin holdings relative to an adjusted share count.

Preferred Stock Financing Supports Accumulation

Much of the recent buying has been supported by preferred equity. Strive closed a registered offering of 7 million shares of its 15 percent Series A perpetual preferred stock, known as SATS, generating about $609 million in net proceeds. The company later established a $1 billion at-the-market program for additional SATS shares. SATS carries a fixed 15 percent dividend on its stated amount. An older series of preferred shares, SATA, features variable-rate dividends recently near 13 percent.

As of November 6, outstanding SATS shares stood at 7,036,559 after an increase of 33,141. SATA preferred shares remained at 14,030,176. Effective common shares outstanding held steady at 127,331,109. Strive also continues to hold 505,000 shares of Strategy’s variable-rate STRC preferred stock, carried at a fair value of about $50.4 million.

Position Among Corporate Bitcoin Treasuries

With 43,153 bitcoin, Strive ranks as the fourth-largest publicly traded corporate holder. Metaplanet holds around 44,000 bitcoin and Twenty One Capital about 43,514 bitcoin, placing Strive close to both. Strategy remains by far the largest, having added 1,036 bitcoin in its own latest weekly purchase for $81.9 million at an average of $79,012, bringing its total to 850,364 bitcoin acquired for $64.16 billion at an overall average cost of $75,456.

At bitcoin prices near $74,650, Strive’s treasury is valued at roughly $3.22 billion on paper. The company’s common shares, traded under the ticker ASST, closed at $21.45 on November 6, down from recent October levels near $30.75 but within a 52-week range of $7.02 to $34.40.

Cole had earlier posted a brief message stating “The hurdle rate is orange,” language observers have linked to the style of comments often made by Strategy’s chairman ahead of bitcoin purchases. The company has indicated it continues to evaluate further accumulation while also exploring opportunities in banking, brokerage, decentralized finance, reinsurance and tokenization as part of broader balance-sheet deployment plans.