The post Strive Buys 72 BTC for $8.26M, Lifting Holdings to 5,958 Bitcoin appeared on BitcoinEthereumNews.com. In Brief Strive now holds 5,958 BTC after buying 72.3 BTC at $114,303 each using warrant proceeds. Stock fell 13.5% premarket after surging 110% over three days on high trading volume. Strive filed Form S-4 for its Semler Scientific deal to boost its bitcoin-focused strategy. Strive (NASDAQ: ASST) acquired 72.3 bitcoin for approximately $8.26 million, using proceeds from warrant exercises linked to its PIPE financing. The company paid an average price of $114,303 per bitcoin, according to an 8-K filing released Tuesday. This brings Strive’s total bitcoin holdings to around 5,958 BTC, acquired at a total cost of $691.3 million. The average cost basis across all holdings now stands at $116,032 per coin. Strive has acquired 72 BTC for ~$8.26 million at ~$114,304 per bitcoin, financed exclusively through the exercise of traditional warrants. As of 10/28/2025, we hodl 5,958 BTC. $ASST pic.twitter.com/ziCewSr7sU — Strive (@strive) October 28, 2025 The purchase was funded through the exercise of approximately 6.11 million warrants at $1.35 per share. These warrants are part of the 555.3 million issued under Strive’s $750 million PIPE agreement. Strive’s bitcoin-focused strategy has accelerated following its September merger with Asset Entities. The company continues aligning corporate actions with long-term digital asset accumulation. Stock Slides After Recent Surge Despite Ongoing Crypto Push Strive shares dropped 13.5% in premarket trading after surging more than 110% over the past three sessions. On October 27, the stock jumped 49% on heavy volume and peaked in popularity rankings. As of 9:41 AM EDT, Strive traded at $1.445, down 11.89% on the day amid continued profit-taking pressure. The sharp selloff follows strong recent gains and active options trading. Strive Price Perfomance | Source: Yahoo Strive recently filed a Form S-4 for its proposed acquisition of Semler Scientific (NASDAQ: SMLR). The company said the deal aims to… The post Strive Buys 72 BTC for $8.26M, Lifting Holdings to 5,958 Bitcoin appeared on BitcoinEthereumNews.com. In Brief Strive now holds 5,958 BTC after buying 72.3 BTC at $114,303 each using warrant proceeds. Stock fell 13.5% premarket after surging 110% over three days on high trading volume. Strive filed Form S-4 for its Semler Scientific deal to boost its bitcoin-focused strategy. Strive (NASDAQ: ASST) acquired 72.3 bitcoin for approximately $8.26 million, using proceeds from warrant exercises linked to its PIPE financing. The company paid an average price of $114,303 per bitcoin, according to an 8-K filing released Tuesday. This brings Strive’s total bitcoin holdings to around 5,958 BTC, acquired at a total cost of $691.3 million. The average cost basis across all holdings now stands at $116,032 per coin. Strive has acquired 72 BTC for ~$8.26 million at ~$114,304 per bitcoin, financed exclusively through the exercise of traditional warrants. As of 10/28/2025, we hodl 5,958 BTC. $ASST pic.twitter.com/ziCewSr7sU — Strive (@strive) October 28, 2025 The purchase was funded through the exercise of approximately 6.11 million warrants at $1.35 per share. These warrants are part of the 555.3 million issued under Strive’s $750 million PIPE agreement. Strive’s bitcoin-focused strategy has accelerated following its September merger with Asset Entities. The company continues aligning corporate actions with long-term digital asset accumulation. Stock Slides After Recent Surge Despite Ongoing Crypto Push Strive shares dropped 13.5% in premarket trading after surging more than 110% over the past three sessions. On October 27, the stock jumped 49% on heavy volume and peaked in popularity rankings. As of 9:41 AM EDT, Strive traded at $1.445, down 11.89% on the day amid continued profit-taking pressure. The sharp selloff follows strong recent gains and active options trading. Strive Price Perfomance | Source: Yahoo Strive recently filed a Form S-4 for its proposed acquisition of Semler Scientific (NASDAQ: SMLR). The company said the deal aims to…

Strive Buys 72 BTC for $8.26M, Lifting Holdings to 5,958 Bitcoin

In Brief

  • Strive now holds 5,958 BTC after buying 72.3 BTC at $114,303 each using warrant proceeds.
  • Stock fell 13.5% premarket after surging 110% over three days on high trading volume.
  • Strive filed Form S-4 for its Semler Scientific deal to boost its bitcoin-focused strategy.


Strive (NASDAQ: ASST) acquired 72.3 bitcoin for approximately $8.26 million, using proceeds from warrant exercises linked to its PIPE financing. The company paid an average price of $114,303 per bitcoin, according to an 8-K filing released Tuesday.

This brings Strive’s total bitcoin holdings to around 5,958 BTC, acquired at a total cost of $691.3 million. The average cost basis across all holdings now stands at $116,032 per coin.

The purchase was funded through the exercise of approximately 6.11 million warrants at $1.35 per share. These warrants are part of the 555.3 million issued under Strive’s $750 million PIPE agreement.

Strive’s bitcoin-focused strategy has accelerated following its September merger with Asset Entities. The company continues aligning corporate actions with long-term digital asset accumulation.

Stock Slides After Recent Surge Despite Ongoing Crypto Push

Strive shares dropped 13.5% in premarket trading after surging more than 110% over the past three sessions. On October 27, the stock jumped 49% on heavy volume and peaked in popularity rankings.

As of 9:41 AM EDT, Strive traded at $1.445, down 11.89% on the day amid continued profit-taking pressure. The sharp selloff follows strong recent gains and active options trading.

Strive Price Perfomance | Source: Yahoo

Strive recently filed a Form S-4 for its proposed acquisition of Semler Scientific (NASDAQ: SMLR). The company said the deal aims to scale its bitcoin strategy and enhance capital formation.

With its latest BTC purchase and merger plans, Strive continues positioning itself as a bitcoin-aligned asset manager. Market participants will monitor whether its crypto exposure supports sustained growth or adds volatility to its shares.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/bitcoin/strive-buys-72-btc-for-8-26m-lifting/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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