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$208M in warrants: Strive is now No. 5 public BTC holder

2026-10-13

Strive says holders exercised $208 million worth of warrants. In the same report, the company says its Bitcoin holdings rose 11%. Cointelegraph published the story on October 13, 2026.

Strive now holds 32,773 BTC. That makes it the fifth-largest publicly traded company by Bitcoin holdings. The company has been adding to its Bitcoin treasury by raising money through equity financing.

The available text does not say how much of the $208 million went into Bitcoin, when the coins were bought or at what price. It also gives no terms for the warrants. Those details are not yet known from this report.

For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report is about a company raising equity and holding Bitcoin. It says nothing about derivatives, funding rates, trading fees or exchange liquidity, so the cost of holding a perpetual position is unaffected by anything in it.

Source: cointelegraph — Strive reports $208M in warrant exercises as Bitcoin holdings jump 11%

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