An analysis by BitcoinTreasuries.NET on August 28, 2026, estimated that trading of Strive’s SATA preferred stock generated enough funds to buy 1,192 BTC this week. In the first two hours of Friday trading alone, the portfolio tracker recorded an additional funding capacity equivalent to 100 new coins.
The calculation complements the corporate action report recently announced by the company. A Form 8-K filing submitted to securities regulators on August 24 confirmed that Strive spent $81.5 million to scoop up 1,110 BTC between August 17-21, at an average price of $73,409 per coin including transaction fees. That buying spree lifted the firm’s total holdings from 20,246 to 21,356 BTC.
A Funding Engine with Strict Conditions
Strive’s rapid accumulation pace relies on its SATA (Variable Rate Series A Perpetual Preferred Stock) financing mechanism trading on the Nasdaq exchange. The $100 par value stock offers a 13% annual yield that is uniquely paid out every business day. Strive has room to maneuver through an at-the-market offering program with a $2.6 billion cap dedicated to SATA issuances, alongside a separate $2.55 billion ceiling for its ASST common stock.
Obstacles emerge whenever the stock price falls below the minimum threshold. Management refuses to issue new SATA shares when valuation drops below $100 to protect initial preferred shareholders from dilution. This strict policy had a major impact last June when SATA’s share price tumbled to $79.01, completely halting new funding issuances for several consecutive weeks. The capital pipeline returned to normal on August 21 when the share price finally touched $100.01.
Trailing Major Players Without Debt
The daily funding strategy has expanded the corporate treasury by 184% since November 2025. The company, which initially held just 7,525 Bitcoin, has now added 13,831 new BTC. Figures from the portfolio tracker rank Strive as the world’s seventh-largest public corporate crypto holder. It has overtaken SpaceX’s 18,712 BTC stash and is steadily approaching Bullish’s 22,000-coin reserve.
This relentless buying spree has not been financed by risking the company’s balance sheet. CEO Matthew Cole stressed that his firm now operates completely debt-free, with no margin obligations, and without a single Bitcoin pledged as collateral.
What We Don’t Know Yet
It is important to emphasize that the estimated addition of 1,192 BTC in the final week of August is purely an external calculation tracking stock movements. Strive has not yet filed a follow-up Form 8-K for purchase activity between August 24-28. The actual number of coins entering the company’s wallet can only be confirmed once official disclosure filings are made public.
Reported by crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
