Bitcoin reserve company Strive purchased 4,045 bitcoins last week, costing approximately $335 million. As the company continues to expand its cryptocurrency reserves through equity financing, this purchase has increased its total holdings to 36,818 BTC.

According to a document submitted to the U.S. Securities and Exchange Commission on Monday, Strive purchased these bitcoins (BTC) from October 12 to 16, at an average purchase price of $82,803 per coin, including fees and expenses.

According to the data from BitcoinTreasuries.net, Strive has currently become the fourth-largest holder of Bitcoin among listed companies globally, with a holding size exceeding that of MARA Holdings. The value of its reserves is approximately 3 billion US dollars. Additionally, it has been reported that MARA is selling some of its holdings; Arkham has tracked wallets associated with this mining company making deposits of about 82 million US dollars in relevant crypto assets into Binance and Gate recently.

The Bitcoin holdings of Strive have reached 36,818 coins. Source: BitcoinTreasuries.net

Strive also announced last week the launch of SATS, which is a new issuance of preferred stock with a fixed annual dividend of 15%, to be paid on each business day starting from November 9th, although it still requires approval from the board of directors. Last week, the company priced this new issue of preferred stock at $630 million, and the funds raised may be used to further purchase Bitcoin.