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Strive Adds 1,800 Bitcoin in $143M Purchase, Becoming Fifth-Largest Corporate Holder

Strive, the asset manager and Bitcoin treasury company, bought 1,800 BTC for roughly $143 million between Aug. 24 and Aug. 28, lifting its total holdings to 23,156 Bitcoin. CEO Matt Cole confirmed the purchase, which pushed Strive past Bullish to become the fifth-largest publicly traded corporate Bitcoin holder. The acquisition comes as Bitcoin recovered strongly in late August.

By Tertius News AI Desk 2 distinct · 2 mastheads · 2 articles Version 1 Coverage Aug 31, 2026 Published 1h ago

Strive Expands Bitcoin Treasury

Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week in a purchase worth approximately $143 million. The company acquired the Bitcoin between Aug. 24 and Aug. 28, paying an average price of $79,431 per coin, including fees and expenses, CEO Matt Cole confirmed on Monday.

The purchase lifted Strive's total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier. At the reference price cited in the company's disclosure, the stash is valued at roughly $1.76 billion, according to a company disclosure cited by Decrypt.

Adam Livingston, an adviser to Saturn Credit, noted that the latest purchase increased Strive's Bitcoin holdings by roughly 8.4% in just five business days. The acquisition also pushed Strive past Bullish, the crypto exchange and digital asset infrastructure company, to become the fifth-largest publicly traded corporate holder of Bitcoin, according to industry data cited by Cointelegraph.

Background and Strategy

Strive trades on the Nasdaq under the ticker ASST following its merger with Asset Entities earlier this year. The firm was initially co-founded by Vivek Ramaswamy, the entrepreneur turned politician. Strive recently added $81 million in Bitcoin alongside a share sale, part of a steady cadence of buying as it builds out its treasury, according to Decrypt.

Strive is among a wave of public companies that have adopted Bitcoin treasury strategies, raising capital to accumulate the asset and tie their fortunes to its price. The model, pioneered by Michael Saylor's Strategy, has drawn a crowded field of imitators over the past year, though the approach carries risk given Bitcoin's volatility. Strive's average purchase price on the new tranche sits just above current levels, leaving the latest buy roughly break-even for now, according to Decrypt.

Broader Market Context

The timing of Strive's purchase lines up with renewed buying across the sector as Bitcoin has rallied. Bitcoin traded around $78,600 on Monday, off slightly on the day but on track to close August with a gain of more than 24%, its strongest month since 2017, according to Decrypt.

Strategy, the world's largest corporate Bitcoin holder, this week broke a roughly two-month pause with a $370 million purchase, its first since June. The company acquired 4,603 Bitcoin at an average price of $80,318, lifting its holdings back above 845,000 BTC following four Bitcoin sales since May, according to Cointelegraph and Decrypt.

Tom Lee's Bitmine, meanwhile, made its largest Ethereum purchase since June, underscoring how treasury firms have leaned back into accumulation as prices recovered, according to Decrypt.

The broader recovery in Bitcoin and the wider digital asset market began on Aug. 19, when the US Treasury Department announced plans to double the size of certain long-term bond buybacks. The move helped push Treasury yields lower and fueled a rebound in risk assets, with Bitcoin rallying more than 23% to a recent high above $81,000, as reported by Cointelegraph.

How each outlet told it

A framing line is our reading of that outlet's own text — an interpretation, not a quotation and not a fact we assert. Check it against what the outlet published.

Cointelegraph

Framing: Emphasizes the amount of Bitcoin added and the dollar value of the purchase

as of Aug 31, 2026, 4:45 PM UTC

Facts Included:

Strive added 1,800 Bitcoin to its holdings last week
The purchase was approximately $143 million
Purchases occurred between Aug. 24 and Aug. 28
Average price was $79,431 per BTC, including fees and expenses
CEO Matt Cole confirmed the acquisition on Monday
Strive's total holdings reached 23,156 Bitcoin, up from 21,356 BTC a week earlier
Adam Livingston, an adviser to Saturn Credit, noted the purchase increased holdings by roughly 4% in just five business days
The acquisition pushed Strive past Bullish to become the fifth-largest publicly traded corporate holder of Bitcoin
Bitcoin rallied more than 23% to a recent high above $81,000
Strategy acquired 4,603 Bitcoin at an average price of $80,318
Strategy's holdings lifted back above 845,000 BTC following four Bitcoin sales since May

Read the source article →

Decrypt

Framing: emphasizes Strive's large Bitcoin purchase and the broader trend of treasury firms re-entering the market

as of Aug 31, 2026, 10:47 PM UTC

Facts Included:

Strive bought 1,800 BTC worth roughly $143 million.
CEO Matt Cole said the company paid an average price of $79,431 per coin for the latest tranche.
Strive's total holdings are 23,156 BTC.
The stash is valued at roughly $1.76 billion.
Strive trades on the Nasdaq under the ticker ASST following its merger with Asset Entities earlier this year.
Strive was initially co-founded by Vivek Ramaswamy.
Strive recently added $81 million in Bitcoin alongside a share sale.
Strategy broke a roughly two-month pause with a $370 million purchase, its first since June.
Tom Lee's Bitmine made its largest Ethereum purchase since June.
Bitcoin traded around $78,600 on Monday, off slightly on the day but on track to close August with a gain of more than 24%, its strongest month since 2017.
Strive's average purchase price on the new tranche sits just above current levels, leaving the latest buy roughly break-even for now.

Read the source article →

What was claimed, and who backed it

AI-extracted; can misattribute a claim — see Methodology.

Each row is one claim, attributed to the outlet whose wording states it most clearly. Confidence rates how directly the source text states the claim — explicit and unhedged rates high; hedged, pieced-together, or internally inconsistent statements rate lower. It does not measure whether the claim is true. Status is Contested when two claims on this page negate each other; otherwise it counts the distinct outlets we found asserting that specific claim — so a single-source claim can still show high confidence, and a multi-source claim can show medium. Every one of those outlets is named beside the status, so you can check the count against the list. For claims extracted before we began storing that list, the row says so: it names the outlet the claim is quoted from and states that we have not recorded which outlets backed it. Outlets wrote at different times, so a figure that evolves — a casualty count, for example — can legitimately differ between rows; check the "as of" time next to each claim's source.

Claim	Confidence	Status
ClaimStrive bought 1,800 BTC worth roughly $143 million.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via Decrypt as of Aug 31, 2026, 10:47 PM UTC, Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimCEO Matt Cole said the company paid an average price of $79,431 per coin for the latest tranche, including fees and expenses.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via Decrypt as of Aug 31, 2026, 10:47 PM UTC, Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimStrive's total Bitcoin holdings increased from 21,356 BTC to 23,156 BTC.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC, Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrive's 23,156 BTC is valued at roughly $1.76 billion.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrive trades on the Nasdaq under the ticker ASST following its merger with Asset Entities earlier this year.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrive was initially co-founded by Vivek Ramaswamy.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrive recently added $81 million in Bitcoin alongside a share sale.	ConfidenceMedium	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrategy broke a roughly two-month pause with a $370 million purchase, its first since June.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimTom Lee's Bitmine made its largest Ethereum purchase since June.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimBitcoin traded around $78,600 on Monday, on track to close August with a gain of more than 24%, its strongest month since 2017.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimStrive's average purchase price of $79,431 per coin sits just above current Bitcoin levels, leaving the latest buy roughly break-even.	ConfidenceHigh	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC
ClaimThe purchase occurred between Aug. 24 and Aug. 28, 2024.	ConfidenceHigh	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimThe purchase increased Strive's Bitcoin holdings by roughly 8.4% in just five business days.	ConfidenceMedium	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimThe acquisition pushed Strive past Bullish to become the fifth-largest publicly traded corporate holder of Bitcoin.	ConfidenceMedium	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimBitcoin rallied more than 23% to a recent high above $81,000.	ConfidenceHigh	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimStrategy acquired 4,603 Bitcoin at an average price of $80,318.	ConfidenceHigh	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimStrategy's holdings lifted back above 845,000 BTC following four Bitcoin sales since May.	ConfidenceHigh	StatusSingle-source via Cointelegraph as of Aug 31, 2026, 4:45 PM UTC
ClaimBitcoin rallied more than 24% to a recent high near $81,000 following the Treasury's announcement.	ConfidenceMedium	StatusSingle-source via Decrypt as of Aug 31, 2026, 10:47 PM UTC

Transparency & Audit Trail

2 distinct · 2 mastheads · 2 articles consulted: Cointelegraph, Decrypt 18 claims extracted Version 1 Written 2026-08-31