Strive Increases Bitcoin Holdings with $280 Million Purchase
Strive Asset Management executed a substantial Bitcoin purchase, acquiring 3,311 BTC for $280 million between October 5th and October 9th, according to data from The Block. The move represents Strive’s largest Bitcoin acquisition since January.
This purchase increases Strive’s total Bitcoin holdings to 32,773 BTC. The firm is now narrowing the gap with Marathon Digital Holdings (MARA), a publicly traded Bitcoin mining company, in terms of Bitcoin treasury size.
The acquisition signals continued institutional interest in Bitcoin as a long-term store of value. Strive’s strategy focuses on offering investment products tied to digital assets, and this purchase demonstrates a commitment to that approach. Details regarding the execution price and specific purchase method were not immediately available.
The market reaction to the news was muted, with Bitcoin trading in a narrow range following the announcement. However, the significant size of the purchase could provide underlying support for the price in the medium term.
Market context
Market data reflects conditions at publication time and is not updated in real time.
Data captured at: Oct 13, 2026 16:28 (Tehran)
Likely market impact
| Segment | Outlook |
|---|---|
| Bitcoin | ▲ Positive |
| Ethereum | ● Neutral |
| Altcoins | ● Neutral |
| Short term | ● Neutral |
| Long term | ▲ Positive |
Spot prices at publication
Fear & Greed Index
Chart
Source: The Block