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/

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