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Strive’s 43,153 BTC puts it 847 coins behind Metaplanet
Strive held 43,153 BTC after a 29-coin addition, 847 behind Metaplanet. Preferred stock and warrant exercises financed its push for the No. 2 public Bitcoin treasury spot.

Outputs
Strive reported 43,153 BTC, 847 below Metaplanet’s 44,000 BTC.
Strive bought 124 BTC between Oct. 24 and Oct. 30, 2026, for about $10 million at roughly $80,526 each.
Strive accumulated more than 15,000 BTC during October 2026.
Its largest disclosed October purchase covered 6,182 BTC for approximately $511 million.
Strive targets the No. 2 public Bitcoin treasury position by year-end while avoiding debt financing.
Strive Inc. held 43,153 BTC after a 29-BTC addition, leaving the Dallas-based company 847 coins short of Metaplanet’s 44,000-BTC balance, according to the company’s reported holdings. Strive’s stated goal is to become the world’s second-largest publicly traded Bitcoin holder by year-end.
The 43,153-BTC total followed a reported position of 43,124 BTC as of Oct. 30, 2026. That earlier figure came after Strive bought 124 BTC between Oct. 24 and Oct. 30 for around $10 million, at an average price of approximately $80,526 per BTC.
How large is the gap to Metaplanet?
On the latest reported balances, Metaplanet holds 44,000 BTC and Strive holds 43,153 BTC. Strive must add at least 847 BTC to draw level, or 848 BTC to pass Metaplanet, unless further purchases by either company change the ranking.
Strategy holds approximately 849,000 BTC, placing the market leader far ahead of both firms. The 847-BTC gap between Strive and Metaplanet is small relative to the more than 15,000 BTC Strive accumulated during October, although future purchases by both companies can alter the order.
What did Strive buy in October?
Strive accumulated more than 15,000 BTC during October 2026 alone, far more than the subsequent 29-BTC addition. Its disclosed block purchases included:
- 2,000 BTC for about $169 million.
- 3,311 BTC for roughly $280 million.
- 6,182 BTC for approximately $511 million, the largest of the three purchases.
The 124-BTC tranche was smaller and cheaper than each of those three blocks. Those transactions point to an acquisition program driven by large blocks rather than a series of small buys. Strive’s SEC filings point to ongoing accumulation under that model, rather than isolated transactions.
How is Strive financing the purchases?
Strive trades on Nasdaq under ticker ASST and was co-founded by Vivek Ramaswamy. The company has leaned heavily on preferred-stock issuances and warrant exercises, converting the proceeds into Bitcoin purchases.
It has avoided debt financing. That means Strive does not owe interest on bank borrowings or face a lender’s repayment demand during a Bitcoin drawdown. The trade-off is that preferred stock carries obligations to its holders, so the strategy shifts financing exposure away from creditors without removing obligations to shareholders.
Strive’s SEC filings point to a repeatable funding-and-buying model rather than a one-off October burst. The approach has supported a rapid buildup in holdings without creating an interest-bearing loan balance.
What could change the treasury ranking?
Strive’s position relative to Twenty One Capital and MARA may shift depending on how aggressively each firm buys. Its year-end objective also depends on whether Metaplanet adds to its 44,000 BTC or remains at the reported level.
Investors may also see Strive’s market valuation fluctuate relative to the net asset value of its holdings, which the source defines as the market value of the Bitcoin it owns. The no-debt approach changes who holds financing risk, but it does not remove the company’s exposure to changes in Bitcoin’s market value.
On current reported holdings, Strive needs 848 BTC to move ahead of Metaplanet, subject to rival purchases and further capital raises. Strive’s next SEC filings before year-end should show whether the company is closing the 847-BTC gap or merely pursuing the target.
via Crypto Briefing (Source)
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Correspondent covering people, launches and day-to-day practice in crypto and web3 industry at Mempool Brief.
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