TL;DR:
- Strive acquired approximately 1,109 BTC at an average price of $76,989 per unit, raising its total reserves to 16,500 bitcoin.
- The company became the seventh-largest corporate holder listed on a stock exchange and is evaluating new capital-raising programs.
- ASST shares have gained 133% over the past three months, though they remain more than 90% below their 2025 peak.
Strive strengthened its bitcoin position with the purchase of 1,109 BTC in the four days prior to May 22, according to a filing submitted to regulatory authorities. The transaction was carried out at an average price of approximately $76,989 per coin, bringing the firm’s total holdings to 16,500 BTC. With this move, the company positions itself as the seventh-largest corporate bitcoin holder among publicly traded companies.
The acquisitions came against a backdrop of overall balance sheet improvement at the company. The firm’s liquidity grew from $87.3 million to $93.3 million, while its holdings of Strategy Inc.’s STRC preferred shares also recorded a slight appreciation, surpassing $50 million in value.
Strive Eyes a New Financing Round
Strive also disclosed that it is evaluating the renewal of its at-the-market offering programs tied to both its Class A common shares and its SATA preferred shares. This decision would grant the company greater operational flexibility for future capital-raising rounds and, potentially, to continue expanding its bitcoin reserves.
The firm has posted a notable stock market performance. ASST shares have gained 133% over the past three months, significantly outperforming other firms with bitcoin treasuries. However, the shares still trade more than 90% below their all-time high recorded in 2025.
In Tuesday’s premarket session, Strive shares were trading up 3%, tracking bitcoin’s recovery toward $77,000 recorded over the weekend. The firm, led by CEO Matt Cole, has built its strategy around the systematic accumulation of bitcoin as its primary reserve asset — a model shared by other companies in the market, though in Strive’s case it has shown a particularly notable growth pace in the last quarter.
According to the latest data from CoinMarketCap, Bitcoin (BTC) is trading at $76,340, down 1.5% over the past 24 hours. Its volume surged 48% and exceeds $31.6 billion.
