Strive, Inc., Nasdaq-listed ASST, disclosed that between June 15, and June 21, it had purchased 759 bitcoins at an estimated average price per coin of about $65,850, fees included. Its total bitcoins now stand at 19,864 BTC.
Dallas-based Bitcoin Treasury Company filed The Securities and Exchange Commission (SEC) will confirm the deal by filing a Form-8-K on June 22nd, 2026. At the stated average price, the purchase carries a total cost of roughly $50 million — the company’s largest single-week acquisition in recent months and a meaningful step up from the smaller tranches it deployed in the two weeks prior.
Strive has been a part of the Strive family for two weeks. purchased just 32 BTC and then 73 BTC In back-to-back disclosures of weekly reports, a total amount of $6.8 millions was disclosed. The increase from 759 to 807 coins is a sign of a faster accumulation pace for the company in Q2.
Strive bought 759 BTC last week outpaced Strategy’s 520 BTC buy — a rare week in which the smaller treasury company out-accumulated the world’s largest corporate bitcoin holder.
Strive increased its cash and cash-equivalents from $141.4 to $144.5 over the period of reporting, due in part to the purchase of bitcoin. This reflects the continued raising capital through the at-the market equity program. The number of Class A shares increased to approximately 71.8 million, an increase of 1.9 millions.
Holdings of Strategy Variable Rate Series a Perpetual stretch Preferred stock (STRC), which are held by the company, remained unchanged at 505,000 and their fair value decreased to $44.7million.
Strive’s Bitcoin Play
Strive has entered into the Bitcoin public treasury through its January 2026 merger Strive completed a deal with Semler Scientific Inc. (Nasdaq SMLR) that added 5,048 BTC on its balance sheet. Since then, the company has made rapid progress. Early May, the company had reached 15,000 BTC. early June it deployed roughly $185 million to acquire approximately 2,500 coins in a single week — one of the largest purchases in its short history as a public company.
It is the engine that drives this accumulation. Strive’s SATA preferred stock programThe Variable Rate Series One Perpetual Stock. SATA pays a bitcoin-linked dividend — currently structured at 13% APR on a daily basis — and has attracted capital that Strive deploys into BTC through its at-the-market programs.
Strive’s Management has used bitcoin to not only act as a treasury, but also as a benchmark for all capital decisions.
Strive’s 19864 BTC have a value of $1.27 Billion at current prices.
The company’s average acquisition cost across its full treasury position sits above current prices — a gap it shares with Strategy, the largest corporate bitcoin holder globally at 847,363 BTC.
Strive is now among the top 10 public corporations in the world that hold bitcoin. In order to reach the $4.2billion war chest that it announced earlier in 2018, the company is not slowing their pace.
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Source: bitcoinmagazine.com
