In version 1.7 it was changed to magic affinity 3 and strength 1. The desccription needs updating to match.
Viewing post in Leo's mod for Strive v1.0
He's right it's bugged; here's the Bloodthirster requirements:
reqs = [{reqstat = 'smaf', oper = 'gte', reqvalue = 3}, {reqstat = 'str', oper = 'gte', reqvalue = 1}],
It requires "str" but the person class only has "sstr", so the better question would by why it isn't causing constant crashing.
For DKRust, you would need to edit the save file to fix the requirements for your Bloodthirster to use it. Fixing the mod files will only fix future items.