Strive doubles its Bitcoin reserves and aims for second place in the world

There is no point in running, you have to start on time. Strive, the Bitcoin treasury company co-founded by Vivek Ramaswamy, had crossed the 13,628 BTC mark just a few weeks ago. She has already just doubled the stake. A new purchase brings its reserves to more than 26,000 bitcoins, and the company no longer hides its ambition: to surpass Twenty One by the end of the year to become the second largest Bitcoin treasury listed on the stock exchange, just behind Strategy.

1,355 more bitcoins, purchased as the price rose

According to a Form 8-K filed with the SEC, Strive acquired 1,355 bitcoins between September 14 and 18, for a total amount of approximately $107.7 million, or an average price of $79,475 per unit. Its total reserves now reach 26,355 BTC, valued at more than $2.25 billion at the current price. The purchase coincides with the exercise of nearly 786,000 warrants, which generated an additional $21.2 million for the company.

This accumulation is part of a buoyant market context. Bitcoin crossed $85,000 on Monday, its highest since January, driven by a wave of liquidations of short positions that exceeded $648 million. Enough to breathe life into all corporate treasuries in the sector, Strive included.

Fifth place, but a clear goal: second

In the ranking of the largest public bitcoin holders, Strive currently occupies fifth position, behind Strategy, Twenty One, Metaplanet and MARA. To take second place from Twenty One, which holds 43,514 BTC, it is still missing 17,160 bitcoins. A gap that seems wide, unless you do the calculation week by week: with fourteen full weeks remaining in 2026, Strive would have to acquire around 1,226 BTC weekly to keep its bet. At this rate, it would already double MARA (35,577 BTC) in mid-November.

The TD Cowen firm believes in it enough to have raised its price target on ASST shares from 32 to 44 dollars, and its projection of reserves at the end of the year from 27,156 to 32,105 BTC. The stock, for its part, had a little doubt on Monday: after having climbed to 31.50 dollars in pre-market trading, it fell back to around 29.65 dollars, down around 1.5% over the session.