Matt Cole, CEO of Strive, stated that the company purchased 1,223 BTC at an average price of $81,734 per coin from Wednesday to Friday last week, bringing total holdings to 36,818 BTC. The total value of this purchase stood at approximately $100 million. In addition, proceeds from Strive’s SATS preferred stock IPO are expected to settle this Tuesday. The company plans to maintain existing reserves sufficient to cover dividend payments for 18 months, and traditional warrants have expired.