Asset manager Strive bought an additional 1,355 bitcoin for $107.7 million, lifting its holdings to 26,355 BTC. The purchase price averaged $79,475 per bitcoin. After the announcement, Strive’s Nasdaq-listed ASST shares rose more than 6 percent in premarket trading. The firm said funding mainly came from SATA, a floating-rate Series A perpetual preferred stock paying a 13 percent dividend each business day, and from warrant exercises that brought in $21.2 million.

Bitcoin treasury companies can generate higher returns than bitcoin itself in rising markets, but the same structure can deepen losses in downturns, the article said. As of September 2026, 179 listed companies had added bitcoin to their balance sheets. Analysts said investors should focus on fully diluted bitcoin per share after accounting for debt and preferred claims. Examples cited included Metaplanet, Strive, Strategy, Nakamoto and Satsuma Technology.