Bitcoin Treasury Companies: Strategy and Strive return to buying with 950 and 1,355 BTC

After a few months of quiet and restraint, companies with a Bitcoin treasury strategy have clearly gone back on the offensive. Strategy and Strive both announced on September 21, 2026, their respective purchases of 950 and 1,355 BTC, just as the price of Bitcoin has rebounded above $85,000. A strong signal of renewed conviction is being sent to the crypto market. The article Bitcoin Treasury Companies: Strategy and Strive return to buying with 950 and 1,355 BTC appeared first on Cryptoast.

Following a summer defined by caution, the institutionalization of Bitcoin has reached a new milestone in September 2026. Capitalizing on a sharp market rebound that has propelled the leading cryptocurrency past the $85,000 mark, pioneering companies in digital asset treasury management are aggressively ramping up their buying activity. Strategy and Strive have both formalized major new acquisitions, injecting nearly $183 million into the market in just one week. This dual offensive signals a strong return of bullish conviction among publicly traded firms.

A dominant force in this accumulation strategy, Strategy is continuing its methodical expansion despite a slight pullback over the summer. With the recent addition of 950 BTC, financed for $75.7 million, the company led by Michael Saylor has once again crossed the symbolic threshold of 846,000 BTC in reserves, valued at over $72 billion. Now holding more than 4% of the total Bitcoin supply, the firm is cementing its global dominance while strengthening its balance sheet through the simultaneous $174 million buyback of STRC preferred shares.

Meanwhile, the momentum at Strive illustrates the emergence of increasingly sophisticated financial engineering. The company, led by Matt Cole, has outpaced its larger rival by acquiring 1,355 BTC for $107.7 million, bringing its total holdings to 26,355 BTC. To fuel this rapid growth, the firm is primarily relying on the issuance of SATA perpetual preferred shares, coupled with the recent exercise of warrants. This high-yield debt issuance strategy has allowed the company to achieve a market valuation exceeding $2.7 billion, outperforming competitors that hold larger underlying asset bases.

This fresh impulse arrives within a maturing sector that now includes nearly 200 publicly traded companies collectively holding 1.27 million BTC, worth approximately $108 billion. This notable return to buying comes amidst a nuanced U.S. regulatory landscape, marked by the stalling of the CLARITY Act in the Senate. However, this legislative hurdle primarily affects the broader crypto ecosystem, whereas Bitcoin continues to benefit from a regulatory framework that is already well-defined. For investors, this synchronized, large-scale buying serves as a clear signal: corporate treasuries view current levels as a strategic long-term accumulation zone.