Strive acquired 1,223 Bitcoin from October 14th through October 16th at an average price of about $81,734 per Bitcoin, inclusive of fees and expenses, according to a Form 8-K filed with the U.S. Securities and Exchange Commission on October 19th.

The purchase increased the company's holdings to 36,818 Bitcoin, up from 35,595 after its previously reported buy of 2,822 Bitcoin on October 12th and October 13th.

Across the full week, Strive added 4,045 Bitcoin at an average of about $82,803 per Bitcoin, the filing showed.

Based on the filing's figures, the latest 1,223 Bitcoin cost roughly $100 million.

Strive Chairman and CEO Matt Cole noted in an October 19th X post that proceeds from the company's SATS preferred stock IPO settle on Tuesday, October 20th.

Strive priced 7 million shares of its 15.00% Series A Perpetual SATS Preferred Stock at $90 per share on October 15th, for an aggregate stated amount of $700 million.

The company expects about $630 million in proceeds before underwriting discounts, commissions, and estimated expenses.

Cole added that Strive plans to keep its current 18-month dividend reserve in place.

He also confirmed that the company's traditional warrants have expired.

Holders exercised 273,493,909 traditional warrants on October 12th and October 13th, generating about $369.2 million in gross proceeds, while the rest expired unexercised on October 13th.

No traditional warrants remain outstanding, Strive disclosed.

The company held $317.5 million in cash and cash equivalents as of October 16th, up $7.2 million from a week earlier, along with 505,000 shares of Strategy's STRC preferred stock valued at $49.3 million.