“Strive Asset Management Buys 25,000 BTC for $36.6M, Pushes SATA Fund Past $1B in Notional ” — what this page in the network covers. Strive Asset Management has dramatically expanded its Bitcoin holdings, acquiring a precise 25,000 BTC in a single transaction valued at $36.6 million. The purchase, fully funded through preferred stock issuance, marks a pivotal moment for the firm’s flagship product, the Strive Bitcoin Trust (SATA), which now exceeds $1 billion in notional value for the first time. This milestone underscores growing institutional confidence in digital assets and highlights Strive’s aggressive strategy to scale its crypto exposure amid rising market momentum.
The move comes as major financial institutions increasingly integrate Bitcoin into their portfolios, with Strive positioning itself as a key player in the evolution of regulated crypto investment vehicles. By leveraging preferred equity instead of cash reserves, the firm maintained liquidity while significantly boosting its underlying asset base. For the complete material, the listing points back to the source inside the network.