- Strive has ascended to the 7th-largest public Bitcoin treasury company, now holding 19,882 BTC in its portfolio.
- Company founder Vivek Ramaswamy faces a competitive Ohio gubernatorial election against Amy Acton.
Strive (ASST), a publicly traded asset management firm specializing in Bitcoin (BTC), has positioned itself among the elite public treasuries holding cryptocurrency. The company’s recent acquisition aligns with historical significance tied to the founding year of the United States.
Strive’s Bitcoin Portfolio
Per a Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, Strive acquired 17.76 BTC between June 29 and July 2. These purchases averaged approximately $59,850 per BTC, totaling an investment of $1.063 million for the week.
The acquisition elevated Strive’s total BTC holdings to 19,882 BTC, securing its seventh-place ranking in the top 100 public Bitcoin treasury companies. This positions the firm ahead of SpaceX’s 18,712 BTC reserve and just behind Bullish’s 24,300 BTC holdings.
Strive’s Bitcoin acquisitions have been modest compared to aggressive strategies deployed by industry leaders such as Strategy (MSTR) and Metaplanet (MPJPY). Nonetheless, recent activity underscores symbolic intent.
On June 8, Strive acquired 32 BTC, directly responding to Strategy’s rare second Bitcoin sale, which occurred a week earlier and caused significant market disruption.
The latest acquisition carries symbolic weight, coinciding with the United States’ 250th anniversary on July 4, marking the bicentennial of the Declaration of Independence.
Vivek Ramaswamy Faces Competitive Ohio Gubernatorial Race
Ramaswamy and Anson Frericks established Strive in 2022, structuring it around their vision to “depoliticize corporate America” by expanding access to financial opportunities untainted by environmental, social, and governance (ESG) or diversity, equity, and inclusion (DEI) constraints.
Stock Titan estimates Ramaswamy holds approximately a 7.6% stake in Strive’s Class A common stock, based on filings from the first half of 2026. He secured the Republican nomination after a decisive primary victory.
Ramaswamy now battles Amy Acton, the Democratic Party’s sole candidate. Polls indicate a near tie, with The New York Times reporting 47% support for each contender. However, AARP and Fox News polls suggest Acton holds a narrow lead.
Polymarket traders project Ramaswamy with 52% odds of victory over Acton’s 48%, reflecting market sentiment ahead of the election.