Strive Asset Management has acquired 6,182 Bitcoin for $511.4 million at an average price of $82,732 per coin, positioning the firm to challenge Metaplanet for the second-largest corporate Bitcoin treasury globally. This major acquisition underscores an aggressive treasury expansion strategy by the company, even as broader market conditions present various challenges across the cryptocurrency sector.
How close is Strive Asset Management to becoming the second-largest corporate Bitcoin holder?
Strive Asset Management is currently within 1,000 bitcoins of overtaking Metaplanet for the second-place ranking among corporate Bitcoin treasuries. According to Moomoo reporting, Strive Asset Management would need to purchase approximately 700 BTC per week to surpass its rival and secure the second-largest corporate holding status worldwide.
How is Strive Asset Management funding its ongoing Bitcoin acquisitions?
Strive Asset Management is fueling its aggressive cryptocurrency accumulation through newly initiated capital-raising frameworks. Quiver Quantitative noted that Strive Asset Management announced up to a $1.0 billion at-the-market offering of 15.00% Series A Perpetual SATS preferred stock, while Moomoo reported that Strive Asset Management has already raised $630 million via SATS to directly boost its digital asset holdings.
Strive Asset Management purchased 6,182 BTC for $511.4 million at an average of $82,732 per bitcoin, increasing its treasury footprint significantly.
What market dynamics are affecting corporate Bitcoin accumulation strategies?
Corporate cryptocurrency strategies are increasingly intersecting with complex financial pressures such as dividends and buybacks. Platforms like KuCoin and Cointribune detailed how firms like Strategy and Strive Asset Management utilize perpetual preferred stock programs—accounting for 136,000 Bitcoin acquired collectively—while simultaneously navigating snowballing dividend and buyback pressures that occasionally disrupt structured buying plans.
As corporate treasury adoption evolves, Strive Asset Management continues to press forward with its multi-billion-dollar funding pipelines. Market observers are closely monitoring whether the firm's planned capital raises will successfully propel its digital asset portfolio past competing corporate holders in the near future.
Market Snapshot
| Asset | Price | 24h | Market Cap |
|---|---|---|---|
 Bitcoin BTC | $79,990 | -0.68% | $1608.1B |
 Ethereum ETH | $2,317 | -1.48% | $283.0B |
 BNB BNB | $743.1 | +0.10% | $97.7B |
 XRP XRP | $1.3 | -0.20% | $82.2B |
 Solana SOL | $100.68 | -1.03% | $59.3B |
 Dogecoin DOGE | $0.0773 | +0.11% | $12.1B |
 Cardano ADA | $0.206 | +0.13% | $7.7B |
Live data: CoinGecko — 2026-10-26 19:22 UTC
