STRIVE BUYS $335M IN BITCOIN, BOOSTING HOLDINGS TO 36,818 BTC

Summary from the TLDR Crypto newsletter

Strive acquired 4,045 BTC for $335 million at an average of $82,803 between October 12 and 16, bringing total holdings to 36,818 BTC (~$3B) and ranking the firm fourth among publicly traded corporate Bitcoin holders, surpassing MARA Holdings. Share count grew 12.4% against a 12.3% rise in BTC holdings, leaving Bitcoin per share roughly flat. Strive also priced a $630 million SATS preferred stock offering carrying a 15% annual dividend, with distributions beginning November 9. Arkham tracked ~$82 million in BTC transferred from MARA-linked wallets to Binance and Gate in recent days, a potential distribution signal from the firm Strive just overtook. ASST closed up 7.7% at $25.95.