Strive, Inc., the asset management firm co-founded by Vivek Ramaswamy, disclosed in an SEC filing on May 19 that it acquired an additional 382 Bitcoin for approximately $30.3 million between May 13 and May 18. The purchase was made at an average price of $79,348 per coin, lifting the company’s total Bitcoin treasury to 15,391 BTC, valued at roughly $1.2 billion at current market prices.
The latest acquisition cements Strive’s position as the ninth-largest publicly disclosed corporate Bitcoin holder, slotting between Hut 8 and Riot Platforms. The firm has now accumulated over 2,200 BTC since January 2026, using its Variable Rate Series A Perpetual Preferred Stock to fund purchases without incurring traditional debt.
Strive, which trades under the ticker ASST, reported a year-to-date Bitcoin Yield of 18.4% and an amplification ratio of 44.3%, reflecting growth in Bitcoin exposure per share. The company also disclosed $87.3 million in cash and a $49.8 million position in Strategy’s STRC preferred stock. Earlier this month, Strive announced that its SATA security will begin daily cash dividend payments at a 13% annualized rate starting June 16 — the first listed U.S. security to pay dividends every business day.
This repeated accumulation aligns with a broader trend of public companies treating Bitcoin as a reserve asset. The movement, popularized by MicroStrategy’s multi-billion-dollar treasury now holding 843,738 BTC, has drawn institutions from various sectors. Bank of America recently disclosed crypto ETF exposure in its own SEC filing, and Minnesota signed a law allowing banks to offer crypto custody services, easing corporate adoption.
Strive’s strategy mirrors MicroStrategy’s equity-funded model: raising capital via preferred stock, converting it to Bitcoin, and measuring performance in Bitcoin-per-share terms. With the latest purchase, the Dallas-based firm reinforces its long-term commitment to Bitcoin as a central part of its corporate identity under Ramaswamy’s “excellence capitalism” mission.
