other material
confidence high
sentiment neutral
materiality 0.65
Strive buys 2,000 bitcoin at avg ~$84,422; authorizes up to $500M SATA repurchase facility
Strive, Inc.
- Purchased 2,000 bitcoin Sept 28-Oct 2, 2026 at average ~$84,422 per coin; total holdings rose to 29,462 BTC as of Oct 2 from 27,462.
- Q3 2026 acquired 8,137 bitcoin at avg cost $78,885; Sept 30: 28,000 BTC fair value $2.34B, cash $284.7M, STRC $50.2M, total treasury value $2.68B.
- Amplification Ratio 55.3% vs management objective above 60% while Bitcoin is below $100,000; BTC per assumed diluted share 27,801 SATs.
- Company implemented a repurchase facility of up to $500M for SATA Stock; states it intends to remain debt-free with $0 debt principal and $1.29B SATA stated amount.
- Class A shares outstanding rose to 91,708,804 as of Oct 2 from 88,453,685 Sept 25; SATA Stock grew to 13,498,082 shares.