Strive Adds 29 Bitcoin to Reach 43,153 BTC in Metaplanet Race
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Strive, Inc. has added 29 Bitcoin to its treasury, lifting its total to 43,153 BTC and leaving it 847 BTC short of the No. 2 spot among publicly traded corporate Bitcoin holders, Crypto Briefing reported. The Dallas-based firm, co-founded by Vivek Ramaswamy and listed on Nasdaq as ASST, has said it wants to pass Metaplanet by the end of the year.
The addition is small beside Strive’s October buying. Cointelegraph reported that the company acquired 15,124 BTC during the month, taking its purchases for the first ten months of 2026 to 35,497 BTC and its holdings as of October 30 to 43,124 BTC.
Key facts
- Strive now holds 43,153 BTC, up 29 BTC from the 43,124 BTC it reported as of October 30, 2026.
- Metaplanet holds 44,000 BTC, putting the gap to second place at 847 BTC; Strategy leads with roughly 849,000 BTC.
- Cointelegraph reported that Strive bought 15,124 BTC in October, including blocks of 2,000 BTC for about $169 million, 3,311 BTC for roughly $280 million and 6,182 BTC for approximately $511 million.
- Strive raised about $609 million in net proceeds from an October offering of SATS perpetual preferred stock carrying a 15% annual dividend, and reported $509 million in third-quarter net income driven largely by $533.7 million in unrealized Bitcoin gains.
A small buy against a heavy October
The latest purchase builds on a tranche bought between October 24 and October 30, when Strive picked up 124 BTC for around $10 million at an average of approximately $80,526 per coin. The company accumulated more than 15,000 BTC across October, making the newest 29-coin addition a modest step toward its stated goal.
Metaplanet is the only company between Strive and second place. Cointelegraph reported on November 6 that Strive was the fourth-largest public corporate holder, trailing third-place Twenty One Capital by just 390 BTC. Crypto Briefing puts the targets solely in terms of Metaplanet’s 44,000 BTC, a 847 BTC gap; for a complete pass, Strive would need to clear both firms. Cointelegraph added that the 877 BTC figure to surpass Metaplanet applies only if neither company buys more.
Equity-linked funding, no debt
Strive’s funding model relies on preferred stock issuances and warrant exercises rather than borrowing, a point Crypto Briefing highlights. That approach removes the risk of a lender calling in repayment during a Bitcoin drawdown, but preferred stock carries its own dividend obligations — the SATS series pays 15% annually. The company has not said how much of the October proceeds it will put toward Bitcoin.
Cointelegraph also reported that Strive is evaluating opportunities in banking, brokerage, decentralized finance, reinsurance and tokenization, without disclosing specific plans or timelines.
Shares of ASST fell 1.97% to $20.19 in early trading on Friday, November 6, extending a month-long decline of 32.15%, according to Cointelegraph, which cited Yahoo Finance data at the time.
Why it matters
The gap between Strive and Metaplanet is small relative to Strive’s October pace, so the ranking for second place among public corporate Bitcoin holders could shift on a single purchase. Strive’s standing may also fluctuate in relation to its Bitcoin net asset value, the market value of the coins it holds. For investors in treasury companies, the contest offers a direct comparison between Strive’s equity-funded model and peers such as Twenty One Capital and MARA. Any forward-looking target for Strive’s position by year-end should be read as a stated goal, not a guarantee; this is not financial advice, and markets are volatile and uncertain.
What to watch
Strive’s next SEC filings will show whether the year-end goal is a plan or just a slogan, as Crypto Briefing put it. Any further purchases by Metaplanet, and further disclosure of how the SATS proceeds are allocated, will determine whether the 847 BTC gap closes.
Disclaimer: This article is for information only and is not investment, financial or trading advice. Cryptocurrency prices are highly volatile. Always do your own research.
Sources: Crypto Briefing, Cointelegraph
