A fastener driving tool is provided, including a housing substantially enclosing a power source including a reciprocating piston with a driver blade. A nosepiece is associated with the housing and is configured for receiving the driver blade and for sequentially receiving fasteners for engagement with the driver blade for driving into a workpiece. A magazine is configured for retaining a supply of the fasteners and for sequentially feeding the fasteners to the nosepiece, the magazine storing a plurality of elongate strips of the fasteners, and being configured for rotating about a longitudinal axis of the magazine for providing access of fasteners in each fastener strip to the nosepiece.