Strive, Inc. extended its aggressive bitcoin accumulation strategy, adding 73 BTC between June 8 and June 14. The purchase, disclosed in a Form 8-K filing with the SEC, totaled approximately $4.7 million at an average price near $63,646 per bitcoin. The acquisition lifted the company’s total bitcoin holdings to 19,105 BTC. Following the announcement, ASST shares jumped 9.37% to $16.57.
The 73 BTC buy came on the heels of a smaller 32 BTC purchase during the prior week (June 2–7) at an average of $63,911, which had brought the treasury to 19,032 BTC. Together, the back-to-back acquisitions underscore a relentless buying appetite. Cash and equivalents actually rose during the period, from $139.2 million to $141.4 million, indicating the company is raising capital faster than it spends on bitcoin.
Strive’s funding model leans heavily on its SATA preferred stock. The company plans to shift SATA’s 13% APR dividend from monthly to daily payments to attract liquidity and fuel further bitcoin purchases. The Class A common share count also increased by about 483,400 shares through at-the-market programs, reflecting strong investor demand.
The firm entered the public bitcoin treasury arena via its merger with Semler Scientific in January 2026, starting with 12,797.9 BTC. Since then, it raised $225 million through SATA preferreds, paid down debt, and accelerated acquisitions. Notable milestones include passing 15,000 BTC in May after a $33.9 million buy and a massive 2,500 BTC purchase on June 1 at $74,092 per coin. Strive now operates under a “bitcoin-first” framework, using BTC as the benchmark for all capital allocation decisions.
