Strive Acquires $335M in Bitcoin as Investors Inject $369M
Nasdaq-listed Strive Capital has purchased $335 million in Bitcoin after raising $369 million from warrant exercises.
Nasdaq-listed Strive Capital has purchased $335 million in Bitcoin after raising $369 million from warrant exercises. Bitcoin (BTC) is trading at $81,726.00, down 0.3% since this brief published. This is an original TLT brief synthesising 2 outlets (Decrypt, The Block), plus live market data, as of Tue, 20 Oct 2026 00:15:02 UTC.
This significant Bitcoin acquisition by a publicly traded company highlights growing institutional interest in crypto, while the substantial capital raise suggests strong investor confidence in Strive's strategy.
- Strive bought $335M in Bitcoin after raising $369M from warrant exercises.
- The company plans to sell $630M in preferred stock to further expand its crypto holdings.
- Bitcoin's price remains stable at $82,003 amid the news.
Decrypt and The Block both report that Strive Capital has acquired $335 million in Bitcoin following the exercise of warrants that raised $369 million. However, The Block focuses on the broader context of institutional crypto custody solutions, mentioning AnchorWatch's new Nevada-chartered custody service with a $10,000 monthly fee cap and up to $370 million in insurance per client, while Decrypt emphasizes Strive's upcoming $630 million preferred stock sale to fuel further crypto investments.
- Strive Acquires 7,356 BTC in Eight Days, Surpassing 36,000 Bitcoin Holdings
- Strive Acquires $335M in Bitcoin as Investors Inject $369M — this brief
Strive Capital, a Nasdaq-listed company focused on 
Bitcoin investments, has purchased $335 million worth of Bitcoin after investors injected $369 million through the exercise of warrants.
The company has announced plans to sell $630 million in preferred stock, which would represent 15% of its total equity, to further expand its cryptocurrency holdings and operations.
This development comes as multiple outlets report on growing institutional interest in crypto custody solutions. The Block highlights AnchorWatch's new Nevada-chartered custody service, which offers a $10,000 monthly fee cap and optional insurance of up to $370 million per client.
The broader crypto market remains relatively stable, with the total market cap at $2.81 trillion. Bitcoin's price has seen a modest 24-hour increase of 0.34%, currently trading at $82,003, while maintaining a 7-day decline of 0.63%.
The Fear & Greed Index stands at 59, indicating a 'Greed' sentiment in the market. This suggests that while investor confidence is strong, there is still caution amid recent market volatility.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $82,003.00 to $81,726.00 — -0.34%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $87,500 in October?
Crowd-implied probability on Polymarket, $81.27K 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 19 23:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦111.45M (about $81,726.00), down 0.4% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Strive Acquires $335M in Bitcoin as Investors Inject $369M — questions & answers
How much Bitcoin did Strive Capital purchase?
Strive Capital acquired $335 million worth of Bitcoin.
What is Strive Capital's next move after the Bitcoin purchase?
The company plans to sell $630 million in preferred stock to expand its crypto holdings.
What is AnchorWatch's new custody service offering?
AnchorWatch offers a Nevada-chartered custody service with a $10,000 monthly fee cap and up to $370 million in insurance per client.
How much is 1 Bitcoin worth in naira today?
About ₦111.45M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,726.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.34% since this brief first published — trading at $81,726.00 now versus $82,003.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Decrypt, The Block, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.