On October 19, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from October 12, 2026 through October 16, 2026, Strive purchased 4,045 bitcoin at an average price of approximately $82,803 per bitcoin, inclusive of fees and expenses. This includes 2,822 bitcoin purchased during the period from October 12, 2026 through October 13, 2026, as previously announced on October 14, 2026, and 1,223 bitcoin purchased during the period from October 14, 2026 through October 16, 2026 at an average price of approximately $81,734 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class A common stock, Class B common stock, and Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock"):
| As of October 9, 2026 | As of October 16, 2026 | Change | |||||||||||||||
| Cash and cash equivalents (in thousands) | $ | 310,300 | $ | 317,500 | $ | 7,200 | |||||||||||
| Fair value of STRC Stock (in thousands) | $ | 50,328 | $ | 49,349 | $ | (979) | |||||||||||
| Shares of STRC held | 505,000 | 505,000 | — | ||||||||||||||
| Bitcoin held | 32,773 | 36,818 | 4,045 | ||||||||||||||
| Shares outstanding: (1) | |||||||||||||||||
| Class A common stock | 101,169,907 | 114,847,610 | 13,677,703 | ||||||||||||||
| Class B common stock | 9,217,297 | 9,216,516 | (781) | ||||||||||||||
| Effective Common Shares Outstanding (2) | 110,387,204 | 124,064,126 | 13,676,922 | ||||||||||||||
| Options (3) | 796,642 | 793,642 | (3,000) | ||||||||||||||
| Unvested employee stock awards (3) | 1,932,252 | 1,932,252 | — | ||||||||||||||
| Assumed Fully Diluted Shares (4) | 113,116,098 | 126,790,020 | 13,673,922 | ||||||||||||||
| Shares Underlying Traditional Warrants (5) | 15,255,900 | — | (15,255,900) | ||||||||||||||
| SATA Stock (6) | 14,030,176 | 14,030,176 | — | ||||||||||||||
| (1) Includes shares outstanding and shares sold through 4:00pm EST, which will be issued on the following business day. (2) Effective Common Shares Outstanding is calculated as the sum of Class A common stock and Class B common stock. (3) Represents outstanding, but unvested employee stock awards, which are subject to ongoing time and/or performance conditions. For any awards in which the achievement of performance conditions affect the number of shares to ultimately vest, represents the target number of shares granted. (4) Assumed Fully Diluted Shares Outstanding represents Effective Common Shares Outstanding plus shares underlying all potentially dilutive securities, including options and unvested RSUs. Shares underlying Traditional Warrants are excluded from this figure. (5) Represents shares exercisable underlying Traditional Warrants. As previously announced on October 14, 2026, during the period from October 12, 2026 through October 13, 2026, 273,493,909 Traditional Warrants to purchase 13,674,703 shares of Class A common stock were exercised for gross proceeds of approximately $369.2 million. The remaining warrants, assumed in connection with the Company’s September 2025 merger with Asset Entities Inc., expired unexercised on October 13, 2026. Exercises of traditional warrants subject to the payment of exercise price to Company. As of October 16, 2026, all Traditional Warrants had been exercised or had expired, and no Traditional Warrants remain outstanding. (6) On October 15, 2026, the company priced an underwritten public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock ($700 million aggregate stated amount) at a public offering price of $90.00 per share, for expected proceeds of approximately $630 million before underwriting discounts and commissions and estimated offering expenses. The offering is scheduled to settle on October 20, 2026, subject to customary closing conditions. No shares of SATS Stock were outstanding and no proceeds had been received as of the dates presented. | |||||||||||||||||