Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy

Published 15 Sep 2026, 10:37 UTC. Updated 15 Sep 2026, 16:16 UTC.

The asset manager funded the entire purchase through preferred stock, pushing SATA's notional value past $1 billion for the first time.

Directly affected

ASST Strive
Named in this report.

Indirectly affected

IBIT iShares Bitcoin Trust
This price moves with the crypto market
COIN Coinbase
The crypto exchange moves with trading volumes
MSTR Strategy
This company's value is tied to its bitcoin holdings
MARA MARA Holdings
Bitcoin miners move with the bitcoin price
RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
HOOD Robinhood
Retail trading apps move with crypto volumes
BITB BITWISE BITCOIN ETF TR
GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITU PROSHARES ULTRA BITCOIN ETF
GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
BITX 2X BITCOIN STRATEGY ETF
GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
GBTC GRAYSCALE BITCOIN TRUST ETF
GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
ASST	—	—	—	—	—	—	—
IBIT	—	—	—	—	—	—	—
COIN	—	—	—	—	—	—	—
MSTR	—	—	—	—	—	—	—
MARA	—	—	—	—	—	—	—
RIOT	—	—	—	—	—	—	—
HOOD	—	—	—	—	—	—	—
BITB	—	—	—	—	—	—	—
BITU	—	—	—	—	—	—	—
BITX	—	—	—	—	—	—	—
GBTC	—	—	—	—	—	—	—

The asset manager funded the entire purchase through preferred stock, pushing SATA's notional value past $1 billion for the first time.

Source: Decrypt

Bitwise Bitcoin ETF (BITB) since this story, compared with the market

Since the first closing price after “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” Bitwise Bitcoin ETF (BITB) is +7.52%. The S&P 500 fund (SPY) is +1.66% over the same days, a +5.85% difference versus the market.

BITB

SPY

Who gains and who loses around Bitwise Bitcoin ETF (BITB)

Companies tied to this story

BITB Bitwise Bitcoin ETF
In “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITU Proshares Ultra Bitcoin Etf
In “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BITX 2X Bitcoin Strategy Etf
2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy.” Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
GBTC Grayscale Bitcoin Trust ETF
In “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IBIT iShares Bitcoin Trust ETF
In “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBIT as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ARKB Ark 21Shares Bitcoin ETF
For “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy,” Ark 21Shares Bitcoin ETF (ARKB) is linked, with no stored direction, medium confidence. Reason on file: GA selected ARKB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bitwise Bitcoin ETF (BITB)

The 15 Sep 2026 story “Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy” names Bitwise Bitcoin ETF (BITB) because of this story.

What ties Bitwise Bitcoin ETF (BITB) to the headline is this: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Proshares Ultra Bitcoin Etf (BITU): GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Bitwise Bitcoin ETF (BITB), and the dates in the story

BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59.

How strong the case is around Bitwise Bitcoin ETF (BITB)

46 out of 100

“Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.