Strive's Effective Share Count Climbs to 124.1 Million as Bitcoin Holdings Rise

Strive, Inc.'s effective common share count reached 124.1 million on Oct. 16, up from 110.4 million on Oct. 9, while its Bitcoin (BTC) holdings rose to 36,818 BTC.

The exact share counts were 110,387,204 on Oct. 9 and 124,064,126 on Oct. 16. The dates for that comparison differ from the company's Bitcoin purchase window, which ran from Oct. 12 through Oct. 16.

Strive acquired 4,045 BTC during that purchase window. The total includes a previously disclosed 2,822 BTC purchase and a separate 1,223 BTC purchase made from Oct. 14 through Oct. 16.

Strive CEO Matt Cole has identified the company's amplification ratio as a measure of its Bitcoin treasury strategy. The ratio compares preferred stock and debt with the value of its Bitcoin holdings. The latest share counts provide another measure of how Strive's capital base changed as it expanded its treasury.