TLDR
- Strive purchased 317 BTC at an average price of about $72,555
- Total Bitcoin holdings reached nearly 13,628 BTC as of March 18, 2026
- Firm reported $393.6 million net loss due to Bitcoin price decline
- Over 5,000 BTC came from Semler Scientific acquisition
- SATA preferred stock offerings raised over $250 million combined
Strive, founded by Vivek Ramaswamy, has expanded its Bitcoin holdings with a new purchase of 317 coins. The company now holds about 13,628 BTC and ranks among the top 10 corporate holders. CEO Matt Cole confirmed the update in a public statement.
The purchase cost about $23 million, with an average price near $72,555 per Bitcoin. This move places Strive ahead of firms like Tesla and CleanSpark in total holdings. The company had previously appeared in the top rankings but has now re-entered the group.
JUST IN: @Strive ($ASST) reports 13,628 BTC held as of March 17, built since its 2025 public listing.
🟠 13,628 BTC total holdings
📈 22.2% BTC Yield (Q4) | 13.8% QTD
⚡ 2,355 BTC gained since launch pic.twitter.com/tyw7bHB39G— Bitcoin For Corporations (@BitcoinForCorps) March 19, 2026
Rapid Bitcoin accumulation strategy
Strive built its Bitcoin reserve within six months of becoming a public company. It used several funding routes to grow its holdings. Around 5,900 BTC came from private placement proceeds and stock exchange deals.
Another 5,048 BTC were added through the acquisition of Semler Scientific. That firm already held a large Bitcoin reserve. Strive also secured 2,694 BTC through capital market activity, including preferred stock-linked offerings.
This multi-channel approach allowed the company to scale its Bitcoin exposure quickly. It also reflects a strategy focused on treating Bitcoin as a treasury asset. The firm continues to position itself as a Bitcoin-focused financial company.
Matt Cole said the results support its financial model. He stated, “The most important was cementing our foundation as a structured finance company laser-focused on digital credit.”
SATA product and capital raising efforts
A key part of Strive’s strategy is its SATA perpetual preferred stock product. This instrument is designed to offer variable returns and trade on Nasdaq under its own ticker. It aims to deliver double-digit yields with lower volatility.
The company raised about $148 million through an initial SATA offering in November 2025. It sold two million shares at $80 each. A follow-on offering in January 2026 brought in another $109 million, with shares priced at $90.
These funds supported Bitcoin purchases and broader operations. The structure also allows Strive to attract investors seeking yield tied to digital assets. The company continues to expand this model as part of its growth plan.
Management also tracks a metric called “Bitcoin Yield.” This measures the change in Bitcoin per share over time. Strive reported a 22.2 percent yield in the fourth quarter of 2025.
Financial results reflect Bitcoin price changes
Strive reported a net loss of $393.6 million for the period after going public. Most of this loss came from non-cash items. About $194.5 million resulted from unrealized losses on Bitcoin holdings.
Bitcoin prices fell from around $126,000 in October 2025 to about $72,000 in early 2026. This decline affected the valuation of Strive’s holdings. The company also recorded $140.8 million in goodwill and intangible asset impairments.
Transaction costs added another $12.4 million to the total loss. On an adjusted basis, the loss to common shareholders was $208.2 million. This equals $4.73 per diluted share after a reverse stock split.
Despite the losses, Strive reported gains in Bitcoin accumulation. It recorded a “Bitcoin Gain” of 1,305 coins in the fourth quarter of 2025. It also added 1,050 coins so far in 2026.
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