Strive, Inc. (Nasdaq: ASST) announced on Monday that it purchased 759 bitcoin between June 15 and June 21 at an average price of roughly $65,850 per coin, including fees and expenses. The transaction brings the company’s total bitcoin holdings to 19,864 BTC.
The Dallas‑based bitcoin treasury firm filed a Form 8‑K with the SEC on June 22, 2026, confirming the purchase. At the disclosed average price, the deal cost approximately $50 million, representing the company’s largest single‑week acquisition in recent months and a significant increase from the smaller purchases made in the two weeks prior.
In the preceding two weeks, Strive bought 32 BTC and then 73 BTC in consecutive weekly disclosures, together amounting to $6.8 million. The jump to 759 coins signals a return to the more aggressive accumulation pace the company maintained earlier in Q2.
Strive’s 759‑BTC purchase outpaced Strategy’s 520‑BTC buy, making it a rare week in which the smaller treasury firm accumulated more bitcoin than the world’s largest corporate bitcoin holder.
During the reporting period, Strive’s cash and cash equivalents rose from $141.4 million to $144.5 million, reflecting ongoing capital raises through its at‑the‑market equity program. The Class A common‑stock share count increased by about 1.9 million shares to 71.8 million.
The company’s holdings of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) remained steady at 505,000 shares, with fair value slipping slightly to $44.7 million.
Strive’s pure‑bitcoin strategy
Strive entered the public bitcoin treasury arena in January 2026 through its merger with Semler Scientific (Nasdaq: SMLR), which added 5,048 BTC to Strive’s balance sheet at closing. The firm moved quickly thereafter; by early May it had surpassed 15,000 BTC, and in early June it deployed roughly $185 million to acquire about 2,500 coins in a single week—one of the largest purchases in its short history as a public company.
The engine behind this accumulation is Strive’s SATA preferred‑stock program, the Variable Rate Series A Perpetual Preferred Stock. SATA pays a bitcoin‑linked dividend—currently structured at 13 % APR on a daily basis—and has attracted capital that Strive deploys into BTC through its at‑the‑market programs.
This model mirrors elements of Strategy’s capital structure, but Strive’s management positions bitcoin not only as a treasury reserve but also as the benchmark against which all capital‑allocation decisions are measured.
At current prices near $64,200 per coin, Strive’s 19,864 BTC represent a market value of approximately $1.27 billion.
The company’s average acquisition cost across its full treasury position sits above current prices—a gap it shares with Strategy, the largest corporate bitcoin holder globally at 847,363 BTC.
Strive now ranks among the top ten public corporate bitcoin holders worldwide. With a target $4.2 billion war chest outlined earlier this year, the firm shows no sign of slowing its accumulation pace as it moves into the second half of 2026.