TL;DR:
- Strive expanded its reserves to 15,391 BTC after acquiring coins at an average price of $79,348, while also achieving debt-free status.
- The company will announce daily dividends starting June 16, 2026, moving to approximately 250 annual payments instead of the current 12 monthly ones.
- Strive projects a runway of approximately 20 years to sustain its SATA dividend program even under volatile market conditions.
Strive, the asset management firm co-founded by Vivek Ramaswamy, expanded its bitcoin reserves and reached 15,391 BTC following a purchase executed between May 13 and 18, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. The acquisition was carried out at an average price of $79,348 per unit, a figure that incorporates all fees and expenses associated with the transaction.
With this move, the company will strengthen its position as one of the most aggressive corporate bitcoin holders in the country. In addition to its BTC reserves, Strive holds approximately $87.3 million in cash and exposure of around $49.8 million to Strategy Inc. through its instrument “Variable Rate Series A Perpetual Preferred Stock” (STRC).
The End of Debt and Strive’s New Dividend Model
Perhaps the most significant development of this cycle is that the company now operates completely debt-free. Days before completing the most recent purchase, Strive confirmed it had fully paid off all of its long-term obligations, including a loan with Coinbase Credit. The result is a corporate structure with no liabilities and no bitcoin pledged as collateral.
The company also announced a deep transformation of its SATA instrument. Starting June 16, 2026, the current 13% dividend will shift to daily payments, on every business day, implying approximately 250 annual distributions compared to the 12 under the current monthly scheme. Strive described this new model as becoming “The Daily Dividend Company.”
Management estimates that its bitcoin reserves and available cash guarantee a runway of approximately 20 years to sustain the dividend program, even under adverse market conditions. Bitcoin also serves as the primary benchmark for the minimum required return on capital allocation, prioritizing the preservation of purchasing power over traditional financial metrics based on fiat currency.
Challenging Strategy’s Leadership
The company is becoming an increasingly powerful force among corporate Bitcoin treasuries, a space historically dominated by Strategy, the firm led by Michael Saylor. The combination of aggressive accumulation, institutional capital products, and a differentiated dividend model builds a proposition that sets Strive apart from other public companies with holdings in crypto assets.
